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10907 East Freeway Frontage...

Rise Group Investments Acquires Retail Property From Cook Management In Houston For 197231 SF
SOLDRetail

Rise Group Investments Acquires Retail Property From Cook Management In Houston For 197231 SF

10907 East Freeway Frontage Road

Building Size

197,231 SF

Asset Type

Retail

Closing

Jun 29, 2025

AI

The property asset involved in this transaction is a retail space located at 10907 East Freeway Frontage Road in Houston. The asset encompasses a total square footage of 197,231. The transaction was completed on June 30, 2025.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Address: 10907 East Freeway Frontage Road
  • Market: Houston
  • Seller: Cook Management
  • Buyer: Rise Group Investments
  • Broker: Shawn Ackerman & Sam Chang - Henry S. Miller

This transaction involved notable individuals in the real estate sector, with Shawn Ackerman and Sam Chang representing Henry S. Miller in the brokerage role. The buyer, Rise Group Investments, acquired the property from the seller, Cook Management, marking a significant deal in the Houston retail market.

Players

Sam Chang

Henry S. Miller

Broker

$28.2M

vol

5 deals

Broker
Henry S. Miller
Henry S. MillerBrokerage

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

0.66%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93