U.S. Hispanic Ventures, Inc. Leases Retail Space At 5264 W. 34th Street, Houston
5264 West 34th Street, Houston, Texas 77092, United States
Building Size
1,400 SF
Asset Type
Retail
Closing
Mar 23, 2022
AI
The retail property located at 5264 W. 34th Street in Houston has recently been leased. The lease transaction took place on March 24, 2022. The property has a total area of 1,400 square feet. The lease was between the landlord, SSS Northbrook Center LLC, and the tenant, U.S. Hispanic Ventures, Inc. The landlord's representative in the deal was Jason Gaines from NAI Partners, while the tenant was represented by Braxton Brokenbrough.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 5264 W. 34th Street, Houston
- Market: Houston
- Asset Type: Retail
- Square Footage: 1,400
The lease transaction between SSS Northbrook Center LLC and U.S. Hispanic Ventures, Inc. was facilitated by the representatives of both parties, Jason Gaines from NAI Partners and Braxton Brokenbrough, respectively.
Players
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