Little Beakers Science Lab Leases 6,000 SF Retail Space On Katy Freeway In Houston
7620 Katy Fwy, Houston, TX 77024, USA
Building Size
6,000 SF
Asset Type
Retail
Closing
Jul 28, 2020
About this deal
AI
The retail property located at 7620 Katy Freeway in Houston has recently been leased. The transaction took place on July 29, 2020.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not available
- Square Footage: 6,000
- Market: Houston
The tenant for this property is Little Beakers Science Lab. Representing the tenant in this lease agreement are Marcus Banasik and Sherry Naquin Sanchez from RESOLUT RE. On the landlord's side, Sasha Levine and Nina Kuhn from Levcor served as representatives.
Traded’s record for 7620 Katy Fwy, Houston, TX 77024, USA in Houston, Texas covers a retail lease from 2020. Published size for 7620 Katy Fwy, Houston, TX 77024, USA is 6,000 square feet. This page is the Houston, Texas file for the 7620 Katy Fwy, Houston, TX 77024, USA retail leased: pricing, party profiles, and other closed retail comps from the same Houston sit in the Market section below. Filter that Houston retail set by closing date to see what else leased near 7620 Katy Fwy, Houston, TX 77024, USA around 2020. Cite this Little Beakers Science Lab Leases 6,000 SF Retail Space On Katy Freeway In Houston lease when underwriting similar retail product around Houston, Texas.
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