facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Retail

/

Lease

/

2174 N FM 3083 W Rd, Conroe...

Action Behavior Center Leases 9,000 SF Retail Space In Houston With Landlord's Rep Jason Gaines And Tenant's Rep Elena Bakina
LEASEDRetail

Action Behavior Center Leases 9,000 SF Retail Space In Houston With Landlord's Rep Jason Gaines And Tenant's Rep Elena Bakina

2174 N FM 3083 W Rd, Conroe, TX 77304

Building Size

9,000 SF

Asset Type

Retail

Closing

Feb 22, 2022

AI

The retail property located at 2174 N FM 3083 Rd. in Houston has recently been leased. The property spans 9,000 square feet and is owned by Greenwood Place LLC. The tenant that has secured the lease is Action Behavior Center.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not available
  • Address: 2174 N FM 3083 Rd.
  • Market: Houston
  • Square Footage: 9,000

In this deal, Jason Gaines from NAI Partners represented the landlord, Greenwood Place LLC, while Elena Bakina from Colliers International represented the tenant, Action Behavior Center.

Players

Jason Gaines

Sturbridge Commercial Real Estate

Broker

8 deals

Broker
NAI Global
NAI GlobalBrokerage

Conroe Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

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