LEASEDRetail
Resolut RE Brokers Lease Of Retail Space To Cheveux By Esor On Southwest Fwy. In Houston
9615 Southwest Fwy, Houston, TX 77074, USA
Building Size
963 SF
Asset Type
Retail
Closing
Sep 15, 2020
AI
The retail property located at 9615 Southwest Fwy in Houston was recently leased. The transaction took place on September 16, 2020. The retail space spans a total of 963 square feet.
Summary of transaction details:
- Property Type: Retail
- Tenant: Cheveux by Esor
- Brokers: Eric Broussard & Benny Nguyen – RESOLUT RE
- Address: 9615 Southwest Fwy
- Market: Houston
- Square Feet: 963
Eric Broussard and Benny Nguyen from RESOLUT RE represented the tenant, Cheveux by Esor, in the lease agreement.
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