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
Conroe 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