Wayne Chan Of Texas Signature Realty LLC Represents Buyer In Houston Retail Sale For 26,210 SF
11504 Hughes Road
Building Size
26,210 SF
Asset Type
Retail
Closing
Jan 15, 2026
AI
The property asset involved in this transaction is a retail space located at 11504 Hughes Road, covering an area of 26,210 square feet. The transaction occurred in the Houston market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Date of Transaction: 01/16/2026
- Buyer's Representative: Wayne Chan - Texas Signature Realty LLC
- Seller's Representative: Rafael Melara - ROM Commercial Properties
The buyer's representative for this transaction is Wayne Chan, associated with Texas Signature Realty LLC, while the seller's representative is Rafael Melara from ROM Commercial Properties, indicating the involvement of experienced real estate professionals in 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