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.
On the Map
$5,950,000
$401/SF
Retail
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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