Wu Properties Acquires Willowchase Drive Retail Property In Houston
12900 Willow Chase Drive, Houston, Texas 77070, United States
Building Size
231,126 SF
Asset Type
Retail
Closing
Mar 8, 2022
About this deal
AI
Wu Properties has acquired a retail property located at 12900-12974 Willowchase Drive in Houston. The property spans 231,126 square feet and sits on 19.53 acres of land. The transaction took place on March 9th, 2022. The seller in this deal was Fidelis.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 12900-12974 Willowchase Drive, Houston
- Market: Houston
- Size: 231,126 SF
- Acreage: 19.53 acres
The deal was facilitated by JLL Capital Markets, with brokers Ryan West, Chris Gerard, John Indelli, Katherine Miller, Bailey Black, and Grant Rexrode representing both parties involved.
On the Map
Retail
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Players
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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