LLPP Realty LLC Acquires Retail Property In The Woodlands From 513 Sawdust Realty Ltd
513 Sawdust Road, The Woodlands, Texas 77380, United States
Building Size
3,000 SF
Asset Type
Retail
Closing
Jun 12, 2022
AI
A retail property located at 513 Sawdust Rd in The Woodlands has been sold. The property spans 3,000 square feet and sits on 0.26 acres. The transaction took place on 06/13/2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 513 Sawdust Rd
- Market: The Woodlands
- Square Footage: 3,000
- Acres: 0.26
The buyer of the property is LLPP Realty LLC, while the seller is 513 Sawdust Realty Ltd. Representing the buyer in this deal is Rebecca Le and Heather Nguyen from NewQuest Properties. On the seller's side, Ryan West and John Indelli from JLL acted as the representatives.
Players
The Woodlands 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