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2009 West Gray Street, Hous...

Updated Oct 28, 2024

Star Cinema Grill Leases Retail Space At 2009 W. Gray Street, Houston With Tenant's Rep Kristen Barker - Wulfe & Co
LEASEDRetail

Star Cinema Grill Leases Retail Space At 2009 W. Gray Street, Houston With Tenant's Rep Kristen Barker - Wulfe & Co

2009 West Gray Street, Houston, Texas 77019, United States

Building Size

12,099 SF

Asset Type

Retail

Closing

Feb 18, 2022

About this deal

AI

The retail property located at 2009 W. Gray Street in Houston has recently been leased. The property spans over 12,099 square feet and is represented by Kristen Barker. The lease transaction took place on February 19, 2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: 02/19/2022
  • Address: 2009 W. Gray Street, Houston
  • Square Footage: 12,099

Star Cinema Grill is the tenant in this lease deal. The landlord, Kimco Realty, is represented by Ali Webre. Kristen Barker, from Wulfe & Co., acted as the tenant's representative.

Players

Ali Webre

Broker

1 deal

Broker

Houston Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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