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Meghani Capital Leases 7500 SF Retail Space To Spanish Schoolhouse In Cypress

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LEASED
$32

Texas

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Retail7,500 SF
Leased 10/25/2024
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LEASED

Meghani Capital Leases 7500 SF Retail Space To Spanish Schoolhouse In Cypress

8231 Greenhouse Road

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Retail7,500 SF
Leased 10/25/2024
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Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$32
Total Square Footage:7,500 SF
Transaction Type:Lease

The property involved in this transaction is a retail asset located at 8231 Greenhouse Road in the Cypress market. The asset encompasses a total square footage of 7,500 and is under a NNN lease structure.

Summary of transaction details:

Meghani Capital, represented by Aliakbar Meghani and Javed Meghani, is a Houston-based Real Estate Private Equity firm. The firm specializes in land development, retail centers, flex warehouses, and multi-family projects, aiming to maximize returns for investors through strategic development and strong market relationships.

Players

3 deals
BROKER

2 deals(713) 623-6944
BROKER

Brandi Sikes
SVN
3 deals
BROKER

Details

LEASED
IMAGE: Aliakbar Meghani, Brandi Sikes, Javed Meghani, Tooba Patoli & Abdul Sabha DATE: 10/25/2024 ADDRESS: 8231 Greenhouse Road MARKET: Cypress ASSET TYPE: Retail ~ SF: 7,500 LANDLORD: Aliakbar Meghani (@AjMeghani) & Javed Meghani (@Javed.m.Meghani) - Meghani Capital (@MeghaniCapital) TENANT: Spanish Schoolhouse LANDLORD'S REP: Tooba Patoli (@ToobaPatoli) & Abdul Sabha (@Abdewliskewl) - Hunington Properties (@HuningtonProperties) TENANT'S REP: Brandi Sikes (@BrandiSikes) - SVN J. Beard Real Estate (@SVNJBeardHTX) LEASE TYPE: NNN Lease NOTE FROM LANDLORD: Meghani Capital is a Houston-based Real Estate Private Equity firm that focuses on helping investors earn significant return on investment by developing high value real estate projects leveraging its market knowledge, strategic relationships with market participants and strong focus on execution. Focus areas include land development, retail centers, flex warehouses, and multi-family. MCAP is supremely focused on searching for opportunities to help their investors build their wealth and preserve their capital through smart and strategic investing.

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Deal Type
Effective Rent (Annual)

$279,432.06

Total Lease Value

$2,794,320.58

Net Landlord Cash Flow$279,432.06