Joshua Sebesta Of S&P Interests Represents Buyer In Houston Retail Sale For Parks At Boulder Creek
10555 Pearland Parkway
Building Size
52,889 SF
Asset Type
Retail
Closing
Mar 24, 2026
AI
Parks at Boulder Creek is a neighborhood retail center spanning 52,889 square feet, located at 10555 Pearland Parkway in Houston. It features a ground lease with Chipotle Mexican Grill and is anchored by Spec’s Wines, Spirits & Finer Foods, situated along the developing Pearland Parkway corridor.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 10555 Pearland Parkway
- Market: Houston
- Buyer's Representative: Joshua Sebesta - S&P Interests
- Seller's Representative: Christopher Winters - Colliers
This transaction was facilitated by Colliers, with Joshua Sebesta representing the buyer and Christopher Winters representing the seller. The involvement of these agents highlights the professional collaboration necessary in completing the deal.
Houston Retail Market Snapshot
Boundary boundary · Retail · Sale 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