Updated Dec 20, 2023
Marcus & Millichap Acquires Retail Property In Bee Caves Austin
3500 Ranch Rd 620 S, Austin, Tx 78738, Usa
Building Size
197,720 SF
Asset Type
Retail
Closing
Jun 7, 1920
About this deal
AI
The retail property located at 3500 Ranch Road 620 S in Austin was recently sold in a closed transaction. The property spans across 19,772 square feet and is situated in the Bee Caves market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 3500 Ranch Road 620 S
- City: Austin
- Market: Bee Caves
- Square Footage: 19,772
Marcus & Millichap, represented by Ethan Offenbecher, served as the broker for this transaction.
Traded’s record for 3500 Ranch Rd 620 S, Austin, Tx 78738, Usa in Austin, California covers a retail sale. The building is 197,720 square feet, implying about 0 per square foot on the published price. This page is the Austin, California file for the 3500 Ranch Rd 620 S, Austin, Tx 78738, Usa retail sold: pricing, party profiles, and other closed retail comps from the same Austin sit in the Market section below. Cite this Marcus & Millichap Acquires Retail Property In Bee Caves Austin sale when underwriting similar retail product around Austin, California.
Players
Austin Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
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