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19304 Katy Freeway

Marcus & Millichap Facilitates Sale Of 14,000 Square Foot Retail Property In Houston
SOLDRetail

Marcus & Millichap Facilitates Sale Of 14,000 Square Foot Retail Property In Houston

19304 Katy Freeway

Building Size

14,000 SF

Asset Type

Retail

Closing

Jul 30, 2026

AI

The 14,000-square-foot Greenhouse at I-10 Retail Center in Houston, TX, has been sold between private buyers and sellers. The asset is located at 19304 Katy Freeway, and it is categorized as a retail property. The buyer intends to utilize 10,000 square feet of the space for medical purposes, while Excel Urgent Care remains a tenant in the remaining leased area.

Summary of transaction details:

The transaction involved Marcus & Millichap representing both the buyers and sellers, facilitating the deal. The team comprised Joseph Jaques, Alex Wolansky, Ron Hebert, and Gus Lagos, who played crucial roles in executing the transaction.

Players

Ron Hebert

Marcus & Millichap

Broker

7 deals

Broker

Houston 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