George J. Wommack Of Headwall Investments Acquires Colonnade At Lake Houston In Humble For Retail
18455 West Lake Houston Parkway
Building Size
54,472 SF
Asset Type
Retail
Closing
Dec 16, 2025
AI
The property involved in the transaction is a retail asset located at 18455 West Lake Houston Parkway in Humble, Texas. It features a total square footage of 54,472 and serves the local community by offering daily-need retailers and essential services.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 18455 West Lake Houston Parkway
- Market: Humble
- Square Footage: 54,472
- Buyer: George J. Wommack
- Buyer’s Company: Headwall Investments
George J. Wommack, representing Headwall Investments, acquired the Colonnade at Lake Houston, marking the company's 21st acquisition in the retail sector. The firm plans targeted capital improvements to enhance the long-term performance of the property.
Humble 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