Imran Jamal Purchases Retail At 3301 Louetta Road From Syed Hassan With Reps Todd A. Carlson And Cameron Free
3301 Louetta Road
Building Size
24,969 SF
Asset Type
Retail
Closing
May 22, 2025
About this deal
AI
The property asset involved in the transaction is a retail space located at 3301 Louetta Road, situated in the Spring market with a total square footage of 24,969. The specific transaction occurred on May 23, 2025.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 3301 Louetta Road
- Market: Spring
- Square Footage: 24,969
- Buyer: Imran Jamal
- Seller: Syed Hassan
- Buyer’s Representative: Todd A. Carlson - Hunington Properties
- Seller’s Representative: Cameron Free - Wulfe & Co.
The transaction was facilitated by two key representatives: Todd A. Carlson represented the buyer, Imran Jamal, while Cameron Free acted on behalf of the seller, Syed Hassan. This collaboration ensured the successful execution of the deal within the retail sector.
On the Map
Retail
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Players
Spring 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