Nan & Company Properties Represents Tenant Victoria Luo In 10-Year Lease At 5085 Westheimer Road, Houston
5085 Westheimer Rd Houston, TX 77056, USA
Building Size
2,681 SF
Asset Type
Retail
Closing
Apr 20, 2023
About this deal
AI
The retail property located at 5085 Westheimer Road in Houston has been leased for a term of 10 years. The property has a total of 2,681 square feet and is owned by Simon Mall - The Galleria Houston.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: N/A
- Address: 5085 Westheimer Road
- Market: Houston
- Tenant's Representative: Victoria Luo - Nan & Company Properties
Victoria Luo, from Nan & Company Properties, represented the tenant in this lease agreement.
Traded’s record for 5085 Westheimer Rd Houston, TX 77056, USA in Texas, Texas covers a retail lease from 2023. The building is 2,681 square feet, implying about 0 per square foot on the published price. Victoria Luo, Nan & Company Properties appear on the lease alongside Nan & Company Properties. This page is the Texas, Texas file for the 5085 Westheimer Rd Houston, TX 77056, USA retail leased: pricing, party profiles, and other closed retail comps from the same Texas sit in the Market section below. Filter that Texas retail set by closing date to see what else leased near 5085 Westheimer Rd Houston, TX 77056, USA around 2023. Cite this Nan & Company Properties Represents Tenant Victoria Luo In 10-Year Lease At 5085 Westheimer Road, Houston lease when underwriting similar retail product around Texas, Texas.
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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