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Marcus & Millichap Sells 61...

Marcus & Millichap Sells 61,982 Square-Foot Retail Center In Houston With Scott Abeel & Philip Levy
SOLDRetail

Marcus & Millichap Sells 61,982 Square-Foot Retail Center In Houston With Scott Abeel & Philip Levy

Building Size

61,982 SF

Asset Type

Retail

Closing

Mar 18, 2026

AI

No summary available.

Players

Philip Levy

Marcus & Millichap

Broker

$34.7M

vol

42 deals

Broker

Market 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