Justin Miller Of Marcus & Millichap Facilitates Sale Of Retail Property In Houston
6300 North Main Street, Houston, Texas 77009, United States
Building Size
10 SF
Asset Type
Retail
Closing
Jan 12, 2022
About this deal
AI
The retail property located at 6300 North Main St in Houston has been sold. The transaction took place on 12/01/2022, as confirmed by the image shared by Justin Miller on Instagram.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Size: 10,000 SF
- Address: 6300 North Main St, Houston
- Market: Houston
Justin Miller from Marcus & Millichap brokered the deal, representing the parties involved.
Traded’s record for 6300 North Main Street, Houston, Texas 77009, United States in Houston, Texas covers a retail sale from 2022. The building is 10 square feet, implying about 0 per square foot on the published price. This page is the Houston, Texas file for the 6300 North Main Street, Houston, Texas 77009, United States retail sold: pricing, party profiles, and other closed retail comps from the same Houston sit in the Market section below. Filter that Houston retail set by closing date to see what else sold near 6300 North Main Street, Houston, Texas 77009, United States around 2022. Cite this Justin Miller Of Marcus & Millichap Facilitates Sale Of Retail Property In Houston sale when underwriting similar retail product around Houston, Texas.
Players
Houston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
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