Anton Jasser Acquires Retail Property In South Houston For $Undisclosed
3360 South Shaver Street
Building Size
22,962 SF
Asset Type
Retail
Closing
Mar 10, 2023
About this deal
AI
Located at 3360 South Shaver Street in South Houston, this retail property spans 22,962 square feet. The transaction was a sale, with Anton Jasser purchasing the property from Hamza Haneef. The deal was facilitated by broker John Baddour from HighStreet Net Lease Group. The property is situated at a lit intersection, offering a value-add opportunity. For off-market opportunities, interested parties can contact John Baddour at (281) 303-6670.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Buyer: Anton Jasser
- Seller: Hamza Haneef
- Broker: John Baddour - HighStreet Net Lease Group
This transaction involved the purchase of a retail property in South Houston. Anton Jasser acquired the property from Hamza Haneef, with the assistance of broker John Baddour from HighStreet Net Lease Group. The property is a value-add opportunity, located at the intersection of Shaver St and Vista Rd. The deal involved a lit intersection, enhancing its potential for success.
On the Map
Retail
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Players
Market 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