SOLDRetail
John Zaid Acquires Retail Asset At 902 West Dallas Street In Conroe From Vicky Tillerson
902 West Dallas Street
Building Size
29,000 SF
Asset Type
Retail
Closing
May 12, 2025
AI
The retail property located at 902 West Dallas Street in the Conroe market consists of 29,000 square feet. The transaction involved a sale between buyer John Zaid and seller Vicky Tillerson.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Date of Transaction: 5/13/2025
- Buyer's Representative: John Baddour - HighStreet Net Lease Group
- Seller: Vicky Tillerson
- Buyer: John Zaid
This transaction was facilitated by John Baddour, who represents the buyer, John Zaid, in the deal. The seller was represented by their own means without a specified representative mentioned in the context.
Players
HighStreet Net Lease GroupBrokerage
Conroe Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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