Mike Bennison Sells Retail Asset At 5202 Brittmoore Road Houston For $4.7M
5202 Brittmoore Road
$4,700,000
$339/SF
Building Size
13,832 SF
Asset Type
Retail
Closing
Dec 2, 2025
About this deal
AI
The property asset involved in this transaction is a retail space located at 5202 Brittmoore Road in the Houston market. It has a total square footage of 13,832, and the sale price was set at $4,700,000, translating to a price per square foot of $339.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,700,000
- Address: 5202 Brittmoore Road
- Market: Houston
- Square Footage: 13,832
- Price per Square Foot: $339
- Seller: Mike Bennison
- Broker: Kevin McKenna - Matthews
- 1031 Exchange Qualified Intermediary: Deferred.com
The key individuals involved in the deal include Mike Bennison, the seller, and Kevin McKenna from Matthews, who served as the broker representing the transaction. The transaction was structured with Deferred.com acting as the qualified intermediary for the 1031 exchange.
On the Map
$4,700,000
$339/SF
Retail
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Players
Houston 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
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93