SOLDRetail
Marcus & Millichap Brokers Sell Houston Retail Property On Bissonet Street
9990 Bissonnet Street, Houston, Texas 77036, United States
Building Size
29 SF
Asset Type
Retail
Closing
Nov 15, 2022
AI
A retail property located at 9990 & 10000-30 Bissonet Street in Houston, TX has been sold. The property encompasses a total square footage of 29,205 and sits on 5.6 acres of land. The transaction took place on November 15, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 9990 & 10000-30 Bissonet Street, Houston, TX
- Market: Houston, TX
- Square Footage: 29,205
- Acres: 5.6
The sale of this retail property was facilitated by brokers Alex Wolansky and Gus Lagos from Marcus & Millichap.
Players
Houston 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