Naz Pang Acquires 11 Acre Truck Stop Site In Houston From Ash Noor For Undisclosed Amount
9221 Wallisville Road
Building Size
479,000 SF
Asset Type
Retail
Closing
Apr 30, 2026
About this deal
AI
The transaction involved a retail asset located at 9221 Wallisville Road in Houston. The property encompasses a total area of 479,000 square feet and is situated on an 11-acre truck stop site. The sale was executed as part of the commercial real estate market in Texas.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Date: 05/01/2026
- Buyer: Naz Pang
- Seller: Ash Noor
- Broker: Shoby Kurjee - SK Real Estate Consulting
Shoby Kurjee represented the buyer and seller in this deal, navigating a complex transaction that required strategic negotiation due to a highly time-sensitive timeline. SK-REC emphasized the importance of vision and execution in closing this milestone deal, marking another success in the Texas commercial and truck stop market.
On the Map
Retail
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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