CBRE Represents Buyer And Seller In Sale Of Shell Gas Station In North Houston For $X
Building Size
5,650 SF
Asset Type
Retail
Closing
Nov 3, 2025
AI
The asset involved in this transaction is a retail property, specifically a Shell Gas Station located in North Houston. The property encompasses a total square footage of 5,650 and reflects the dynamics of the Spring market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Square Footage: 5,650
- Seller: Nick Dhanani
- Broker: Sai Thakor - CBRE
- Market: Spring
- Date of Transaction: 11/04/2025
CBRE facilitated this transaction, representing both the buyer and the seller, which allowed for a streamlined closing process that occurred just 45 days after the property went under contract. The exclusivity of this transaction underscores CBRE’s capability to access unique opportunities within their established network.
Players
Spring 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93