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Marcus & Millichap Brokers Sale Of 62990 Square Foot Retail Center In Houston
SOLD
Texas
See Similar DealsRetail62,990 SF
Sold 02/13/2025
SOLD
Marcus & Millichap Brokers Sale Of 62990 Square Foot Retail Center In Houston
8145 Highway 6 South
See Similar DealsRetail62,990 SF
Sold 02/13/2025
Summary
TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:62,990 SF
Transaction Type:Sale
The asset involved in this transaction is a fully leased retail center known as Beechnut Village, which spans a total of 62,990 square feet. It is located at 8145 Highway 6 South in the Houston market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Square Footage: 62,990
- Address: 8145 Highway 6 South
- Market: Houston
- Seller's Representatives: Philip Levy & Scott Abeel - Marcus & Millichap
- Mortgage Broker: Jamie Safier - Marcus & Millichap
Philip Levy and Scott Abeel served as the representatives for the seller in this transaction, while Jamie Safier handled the acquisition financing on behalf of the local private investor buyer.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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