Bellagio Real Estate Partners Sells Retail Property In Humble For $5.95M
9510 North Sam Houston Parkway East, Humble, TX, USA
$5,950,000
$401/SF
Building Size
14,820 SF
Asset Type
Retail
Closing
Jul 22, 2021
About this deal
AI
A retail property located at 9510 N. Sam Houston Pky E in Humble has recently been sold. The property spans 14,820 square feet and was sold for a price of $5,950,000, resulting in a price per square foot of $401. The transaction took place on July 23, 2021. The property is situated in a prime location in the Humble market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,950,000
- Square Footage: 14,820
- Price Per Square Foot: $401
- Market: Humble
The sale was facilitated by Evan Beeson and Brad Teitelbaum from Bellagio Real Estate Partners. They represented the buyer and seller in the transaction.
Players
Humble Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.67%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93