Starbucks Leases Retail Space In Houston At 2521 Post Oak Blvd With Landlord's Rep Kim Lenardson & Hannah Tosch - Colliers And Tenant's Rep Lasater Miller - Retail Connection
2521 Post Oak Boulevard, Houston, TX 77056, USA
Building Size
2,100 SF
Asset Type
Retail
Closing
Sep 21, 2021
About this deal
AI
The leased property at 2521 Post Oak Blvd in Houston has been the subject of a recent transaction. The retail space spans 2,100 square feet and is situated on 0.54 acres.
Summary of transaction details:
- Property Type: Retail
- Transaction Date: 09/21/2021
- Address: 2521 Post Oak Blvd
- Market: Houston
- Square Footage: 2,100
- Acres: 0.54
In this deal, Starbucks has signed a lease agreement for the mentioned retail space. The landlord's representatives, Kim Lenardson and Hannah Tosch from Colliers, facilitated the transaction. Lasater Miller from Retail Connection served as Starbucks' representative.
On the Map
Retail
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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