Lucky Penny Cycles Leases 28371 Square Feet At 211 Farm To Market 1960 Rd W Houston
211 Farm to Market 1960 Rd W, Houst...
Building Size
28,371 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property involved is located at 211 Farm to Market 1960 Rd W, Houston, in the Endeavor market. It encompasses a total of 28,371 square feet. The transaction was a lease agreement and the landlord listed is BH Properties of Los Angeles.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 211 Farm to Market 1960 Rd W, Houston
- Market: Endeavor
- Square Feet: 28,371
- Tenant: Lucky Penny Cycles
- Landlord: BH Properties of Los Angeles
- Tenant's Rep: Laura Diggs
Key individuals in this transaction include Laura Diggs representing the tenant, Lucky Penny Cycles. The lease agreement showcases the collaboration between the tenant and the landlord, BH Properties of Los Angeles, indicating active engagement in the Endeavor market.
On the Map
Players
Endeavor CRE Market Snapshot
Boundary boundary · CRE · Lease 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