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Marcus & Millichap Brokers Sale Of Fully Leased Gaston Retail Center In Katy Texas
SOLD
Texas
See Similar DealsRetail21,598 SF
Sold 03/19/2025
SOLD
Marcus & Millichap Brokers Sale Of Fully Leased Gaston Retail Center In Katy Texas
10610 Gaston Road
See Similar DealsRetail21,598 SF
Sold 03/19/2025
Summary
TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:21,598 SF
Transaction Type:Sale
The property asset involved in this transaction is the Gaston Retail Center located at 10610 Gaston Road, Katy, Texas. This retail space encompasses a total square footage of 21,598 and sits on approximately 2.2 acres of land. The center was fully leased at the time of sale.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 10610 Gaston Road
- Market: Katy
- Square Footage: 21,598
- Acres: 2.2
- Brokers: Irby Rozelle & Justin Miller - Marcus & Millichap
Justin Miller and Irby Rozelle represented the local developer seller in this transaction and successfully secured the buyer, both of whom chose to remain anonymous throughout the process. Marcus & Millichap facilitated the brokerage of the sale.
Players
BROKERAGE
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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