James Bell Of Marcus & Millichap Sells Retail Property In Katy With Buyer's Rep James Bell
4019 FM 1463, Katy, TX, USA
Building Size
40,511 SF
Asset Type
Retail
Closing
Oct 4, 2020
About this deal
AI
A retail property located at 4019 FM 1463 in Katy was recently sold. The sale took place on October 5, 2020. The property is situated in an area with a market value in the retail sector. The total square footage of the property is 40,511.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 4019 FM 1463, Katy
- Market: Katy
- Square Footage: 40,511
The sale of this retail property was facilitated by James Bell of Marcus & Millichap. He represented the parties involved in the transaction.
Players
Katy 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