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21935 Rosehill Reserve Drive

Ike Momi Purchases Retail Gas Station In Tomball From Karth Bala With Broker Shoby Kurjee
SOLDRetail

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.

Players

Shoby Kurjee

SK Real Estate Consulting

Broker

19 deals

Broker

Tomball 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