Unknown Developer Purchases 13877 SF Property On N Shepherd Dr Houston With Seller's Reps Justin Miller And Davis Hansen
3800 N Shepherd Dr, Houston, TX, 77...
Building Size
13,877 SF
Asset Type
Retail
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 3800 N Shepherd Dr, Houston, TX. The total square footage of the asset is 13,877. The market for this property is Houston.
Summary of transaction details:
- Property Type: Unknown
- Transaction Amount: Unknown
- Square Footage: 13877
- Address: 3800 N Shepherd Dr, Houston, TX
- Market: Houston
- Seller's Representative: Justin Miller - Transwestern, Davis Hansen - Marcus & Millichap
- Buyer: Unknown Developer
This transaction involved the representation of the seller by two brokerage firms, Transwestern and Marcus & Millichap, through their respective representatives Justin Miller and Davis Hansen.
Players
Houston 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