John Zee Acquires Retail Property In Deer Park, TX For $Undisclosed
5034 Luella Ave Deer Park, TX 77536, USA
Building Size
19,080 SF
Asset Type
Retail
Closing
Jun 12, 2023
About this deal
AI
Located at 5034 Luella Avenue in Deer Park, TX, this retail property spans 19,080 square feet. The transaction took place on 06/12/2023.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
John Zee purchased the property from Tammy Allison. Representing the buyer, John Baddour from HighStreet Net Lease Group was involved in the deal.
Traded’s record for 5034 Luella Ave Deer Park, TX 77536, USA in Texas, Texas covers a retail sale from 2023. The building is 19,080 square feet, implying about 0 per square foot on the published price. John Baddour, HighStreet Net Lease Group appear on the sale alongside HighStreet Net Lease Group. This page is the Texas, Texas file for the 5034 Luella Ave Deer Park, TX 77536, USA retail sold: pricing, party profiles, and other closed retail comps from the same Texas sit in the Market section below. Filter that Texas retail set by closing date to see what else sold near 5034 Luella Ave Deer Park, TX 77536, USA around 2023. Cite this John Zee Acquires Retail Property In Deer Park, TX For $Undisclosed sale when underwriting similar retail product around Texas, Texas.
Players
Texas 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