Riley Sharman Represents Sale Of Retail Property In Seabrook For $Undisclosed
5735 Bayport Boulevard, Seabrook, TX 77586
Building Size
12,437 SF
Asset Type
Retail
Closing
Sep 10, 2021
About this deal
AI
Located at 5735 Bayport Boulevard in Seabrook, this retail property was recently sold. The transaction took place on September 10, 2021, and the property offers a total of 12,437 square feet of space. The asset was listed on Riley Sharman's Instagram page.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not provided
- Address: 5735 Bayport Boulevard
- Market: Seabrook
- Square Footage: 12,437
Riley Sharman from Marcus & Millichap represents the broker involved in the sale. For more information on this transaction, visit the Instagram post linked above.
On the Map
Retail
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Kemah 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