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4400 Post Oak Parkway

PetroAlpha Energy LLC Leases Retail Space In Houston At 4400 Post Oak Parkway, Landlord's Rep Weldon Martin And Tenant's Rep John Zivley
LEASEDRetail

PetroAlpha Energy LLC Leases Retail Space In Houston At 4400 Post Oak Parkway, Landlord's Rep Weldon Martin And Tenant's Rep John Zivley

4400 Post Oak Parkway

Building Size

5,614 SF

Asset Type

Retail

Closing

Jan 12, 2023

AI

The retail property located at 4400 Post Oak Parkway in Houston has recently been leased. The property spans a total area of 5,614 square feet. The lease transaction took place on January 12, 2023.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: January 12, 2023
  • Address: 4400 Post Oak Parkway
  • Market: Houston
  • Square Footage: 5,614

The tenant for this lease is PetroAlpha Energy LLC. The landlord was represented by Weldon Martin from Stream Realty Partners, while John Zivley from Partners Real Estate served as the tenant's representative.

Players

Weldon Martin

CBRE

Broker

3 deals

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