facebook
Traded Co logo
Submit
Daily limit: 0/10

Houston's Shops At Rock Creek Sold To Local Investor In Cypress

Property Image
SOLD
Marc Peeler
Stephen Berchelmann
+ 1

Texas

See Similar Deals
Retail21,250 SF
Sold 06/19/2023
the dealplayerscompscontact
Property Image
SOLD

Houston's Shops At Rock Creek Sold To Local Investor In Cypress

14119 Grant Rd Cypress, TX 77429, USA

See Similar Deals
Retail21,250 SF
Sold 06/19/2023
Marc Peeler
Stephen Berchelmann
+ 1
Contact now

Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:21,250 SF
Transaction Type:Sale

Houston's Shops at Rock Creek, a retail center located at 14119 Grant Road in Cypress, has been sold by NewQuest Properties to a local investor. The property spans approximately 21,250 square feet and sits on 4.34 acres. Its prime location near an H-E-B grocery store and its value-add potential contributed to its appeal to multiple interested buyers.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 14119 Grant Road, Cypress
  • Market: Cypress
  • Square Footage: 21,250
  • Acres: 4.34

The buyer's representation for this transaction was provided by Stephen Berchelmann and Alexandria Tatem, who are affiliated with Foresite Commercial Real Estate. On the seller's side, Marc Peeler and Andrew Alvis from NewQuest Properties served as the representatives. The sale of Houston's Shops at Rock Creek highlights the involvement of these key individuals and their agencies in the deal.

Players

Marc Peeler
16 deals$10M volume(713) 275-9606
BROKER

Andrew Alvis
NewQuest Properties
3 deals
BROKER


Details

SOLD
IMAGE: Marc Peeler & Andrew Alvis DATE: 06/19/2023 ADDRESS: 14119 Grant Road MARKET: Cypress ASSET TYPE: Retail ~ SF: 21,250 ~ ACRES: 4.34 BUYER'S REP: Stephen Berchelmann & Alexandria Tatem (@Alexxsangria) - Foresite Commercial Real Estate (@ForesiteCRE) SELLER'S REP: Marc Peeler & Andrew Alvis - NewQuest Properties (@NQ_Properties) NOTE: Houston's Shops at Rock Creek has been sold by NewQuest Properties to a local investor after attracting multiple interested buyers. The retail center's prime location near an H-E-B grocery store and its value-add potential contributed to its appeal.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00