SOLDRetail
John Indelli Of JLL Represents Buyer In Sale Of Retail Asset In Katy For $9.5M
5215 Fm 1463
Building Size
28,577 SF
Asset Type
Retail
Closing
Jul 15, 2026
About this deal
AI
The property asset involved in the transaction is a retail asset located at 5215 FM 1463 in Katy, Texas, encompassing a square footage of 28,577. The transaction occurred on July 15, 2026.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 5215 FM 1463
- Market: Katy
- Asset Square Footage: 28,577
- Buyer's Representative: John Indelli - JLL
- Seller's Representative: Rafael Melara - ROM Commercial Properties
Key individuals involved in this transaction include John Indelli representing the buyer through JLL and Rafael Melara representing the seller through ROM Commercial Properties. Their roles were crucial in facilitating the deal.
On the Map
Retail
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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