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5035 Fm 2920

Irfan Tejani Of Tejani Group Acquires Retail Asset From Niz Ali In Spring For Gas Station
SOLDRetail

Irfan Tejani Of Tejani Group Acquires Retail Asset From Niz Ali In Spring For Gas Station

5035 Fm 2920

Building Size

9,075 SF

Asset Type

Retail

Closing

Aug 19, 2025

AI

The property involved in the transaction is a retail asset located at 5035 Fm 2920 in Spring. It has a total square footage of 9,075. The transaction reflects a strategic acquisition in the retail market.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Address: 5035 Fm 2920
  • Market: Spring
  • Buyer: Irfan Tejani - Tejani Group
  • Seller: Niz Ali
  • Buyer's Representative: Nabeel Ali - Keller Williams Realty
  • NOTE: Tejani Group has closed on a premium asset from Fuel Maxx Chain, including a gas station and convenience store with washateria.

Key individuals in this transaction include Irfan Tejani, leading the Tejani Group, and Nabeel Ali representing the buyer through Keller Williams Realty. The Tejani Group's acquisition showcases their commitment to operational excellence and strategic growth in expanding their market presence.

Players

Nabeel Ali

Keller Williams Realty

Broker

$5.7M

vol

16 deals

Broker
Keller Williams Realty
Keller Williams RealtyBrokerage

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