Ike Momi Purchases Retail Gas Station In Tomball From Karth Bala With Broker Shoby Kurjee
21935 Rosehill Reserve Drive
Building Size
7,500 SF
Asset Type
Retail
Closing
May 27, 2026
AI
The property involved in this transaction is a retail asset located at 21935 Rosehill Reserve Drive in the market of Tomball. This retail space encompasses a total of 7,500 square feet. The buyer of the property is Ike Momi, while Karth Bala is the seller. The transaction was represented by broker Shoby Kurjee from SK Real Estate Consulting.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 21935 Rosehill Reserve Drive
- Market: Tomball
- Square Footage: 7,500
- Buyer: Ike Momi
- Seller: Karth Bala
- Broker: Shoby Kurjee - SK Real Estate Consulting
This transaction exemplifies a successful closing facilitated by SK-REC, where the sale of a gas station with retail space included a preopening before closing. The team at SK-REC emphasized careful coordination and creative problem-solving to ensure all parties' interests were safeguarded throughout the process, leading to a smooth post-closing transition.
Tomball Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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