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13195 Westpark Drive

Irfan Tejani Acquires 33,000 SF Retail Property In Houston From Riz Hyder With Broker Shoby Kurjee
SOLDRetail

Irfan Tejani Acquires 33,000 SF Retail Property In Houston From Riz Hyder With Broker Shoby Kurjee

Building Size

33,000 SF

Asset Type

Retail

Closing

Dec 30, 2025

AI

This transaction involved a retail asset encompassing 33,000 square feet in the Houston market. The deal was executed successfully on December 31, 2025, marking the final transaction of the year for the parties involved.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Buyer: Irfan Tejani
  • Seller: Riz Hyder
  • Broker: Shoby Kurjee - SK Real Estate Consulting
  • Date of Transaction: 12/31/2025

The closing of this deal exemplified a strong partnership between SK-REC and Tejani Group. Shoby Kurjee from SK Real Estate Consulting played a key role in facilitating the transaction. The successful execution was credited to the collaboration and coordination of both teams, highlighting the efforts of Tejani Group's legal, operational, and title teams.

Players

SK Real Estate Consulting

Broker

$17.4M

vol

16 deals

Broker

Market 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