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902 West Dallas Street

John Zaid Acquires Retail Asset At 902 West Dallas Street In Conroe From Vicky Tillerson
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:

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

John Baddour

ProspectCRE, LLC

Broker

19 deals

Broker
HighStreet Net Lease Group
HighStreet Net Lease GroupBrokerage
N
N/ASeller

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