Sher Andre Acquires Retail Property At 210 West Airtex Boulevard From Abid Ali For Undisclosed Amount
210 West Airtex Boulevard
Building Size
5,670 SF
Asset Type
Retail
Closing
Jul 30, 2026
About this deal
AI
The property asset involved in the transaction is located at 210 West Airtex Boulevard in Houston. This retail asset has a square footage of 5,670. The buyer of the property is Sher Andre, while the seller is Abid Ali.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Buyer: Sher Andre
- Seller: Abid Ali
- Buyer's Representative: Shoby Kurjee - SK Real Estate Consulting
- Seller's Representative: Kashif Abbasi - SK Real Estate Consulting
- Date of Transaction: 07/30/2026
The transaction showcased a successful collaboration between Shoby Kurjee and Kashif Abbasi, who represented the buyer and the seller respectively. The deal was structured to meet the seller's pricing expectations while aiding the buyer, BrakeTime, in its strategic growth in Texas. SK-REC continues its partnership with BrakeTime post-closing to support their expansion and long-term growth goals.
Players
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