Jellos Liquor Leases Retail Space At 4225 Sienna Parkway In Missouri City
4225 Sienna Pkwy, Missouri City, TX 77459, USA
Building Size
9,790 SF
Asset Type
Retail
Closing
Aug 31, 2020
AI
The retail property located at 4225 Sienna Parkway in Missouri City has recently been leased. The property spans approximately 971 square feet and will be occupied by Jellos Liquor.
Summary of transaction details
- Property Type: Retail
- Tenant: Jellos Liquor
- Address: 4225 Sienna Parkway
- Market: Missouri City
- Square Footage: 971
- Brokers: Rick Gutierrez & Marcus Banasik – RESOLUTRE
Rick Gutierrez and Marcus Banasik from RESOLUTRE represented the parties involved in the lease transaction of the retail property at 4225 Sienna Parkway in Missouri City.
Players
Missouri City 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