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10555 Pearland Parkway

Joshua Sebesta Of S&P Interests Represents Buyer In Houston Retail Sale For Parks At Boulder Creek
SOLDRetail

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.

Players

Christopher Winters

Colliers

Broker

5 deals

Broker

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