Brazos Valley Schools Credit Union Acquires Retail Property In Sugar Land
14121 Southwest Fwy Sugar Land, TX 77478, USA
Building Size
8,128 SF
Asset Type
Retail
Closing
May 24, 2023
AI
The retail property located at 14121 Southwest Freeway in Sugar Land has been sold in a closed transaction. The property spans over 8,128 square feet, making it a valuable asset in the area.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 14121 Southwest Freeway, Sugar Land
- Market: Sugar Land
- Square Footage: 8,128
The buyer of the retail property is Brazos Valley Schools Credit Union. Representing the buyer in this transaction is Peyton Easley from Titan Commercial. On the other hand, Vaquero Ventures served as the seller, with Daniel Frid from SHOP Companies acting as their representative.
Players
Texas 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