SOLDRetail
Irfan Tejani Purchases Retail Asset On Dulles Avenue In Sugar Land Represented By Nabeel Ali
1740 Dulles Avenue
Building Size
3,000 SF
Asset Type
Retail
Closing
Nov 12, 2024
About this deal
AI
The property asset involved in this transaction is a retail space located at 1740 Dulles Avenue in Sugar Land, Texas. The retail property offers a total of 3,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Buyer: Irfan Tejani
- Seller: Mike Momin
- Buyer's Representative: Nabeel Ali - Keller Williams Realty
- Market: Sugar Land
NARealty played a crucial role in assisting the Tejani Group in acquiring their flagship gas station at this prime location in Sugar Land, Texas.
On the Map
Retail
View full map
Players
Sugar Land Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Sugar Land retail sales on Traded.
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