6166 Westheimer Road LLC Sells Retail Property In Houston For $Undisclosed
6166 Westheimer Road, Houston, Texas 77057, United States
Building Size
8,000 SF
Asset Type
Retail
Closing
Jul 7, 2022
About this deal
AI
6166 Westheimer Road, a retail property located in Houston, has been sold in a recent transaction. The property spans approximately 8,000 square feet and sits on 0.45 acres. The sale was finalized on the 7th of August 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not available
- Market: Houston
- Address: 6166 Westheimer Road
- Size: 8,000 square feet
- Acres: 0.45
The seller of 6166 Westheimer Road is 6166 Westheimer Road LLC. The brokerage firm representing the property in this sale is Colliers, with Todd Moore acting as the representative.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93