Fifth Corner Acquires Retail Property On W. 34th St. In Houston
1737 West 34th Street, Houston, Texas 77018, United States
Building Size
40,000 SF
Asset Type
Retail
Closing
Aug 24, 2022
About this deal
AI
Tenel Tayar, Chad Braun & Kerr Taylor have sold a retail property located at 1737-1765 W. 34th St. in Houston. The property spans approximately 40,000 square feet on 3.77 acres.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Market: Houston
- Square Footage: 40,000
- Address: 1737-1765 W. 34th St.
The buyers of the property are Fifth Corner, represented by Tenel Tayar, Chad Braun & Kerr Taylor.
Traded’s record for 1737 West 34th Street, Houston, Texas 77018, United States in Houston, Texas covers a retail sale from 2022. The building is 40,000 square feet, implying about 0 per square foot on the published price. This page is the Houston, Texas file for the 1737 West 34th Street, Houston, Texas 77018, United States retail sold: pricing, party profiles, and other closed retail comps from the same Houston sit in the Market section below. Filter that Houston retail set by closing date to see what else sold near 1737 West 34th Street, Houston, Texas 77018, United States around 2022. Cite this Fifth Corner Acquires Retail Property On W. 34th St. In Houston sale when underwriting similar retail product around Houston, Texas.
Players
Houston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
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