SOLDRetail
Edge Capital Markets Acquires Retail Property In Houston With Brokers Micha Van Marcke & Chace Henke
13150 Breton Ridge Street, Houston, TX 77070
Building Size
52,525 SF
Asset Type
Retail
Closing
Nov 13, 2021
AI
A retail property located at 13150 Breton Ridge in Houston has been sold. The property spans approximately 52,525 square feet and sits on 4.74 acres of land. The transaction took place on November 13, 2021.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not mentioned in the CONTEXT
Micah van Marcke and Chace Henke of Edge Capital Markets served as the brokers in this transaction.
Players
Houston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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