Donut/Taco Leases Retail Space At 16420 RR 620 North In Round Rock
16420 Ranch Rd 620 N, Round Rock, Tx 78681, Usa
Building Size
11,025 SF
Asset Type
Retail
Closing
Sep 15, 2020
AI
The retail property located at 16420 RR 620 North in Round Rock has recently been leased. The deal was facilitated by Michael Noteboom of RESOLUT RE, who represented the tenant, Donut/Taco.
Summary of transaction details
- Property Type: Retail
- Tenant: Donut/Taco
- Broker: Michael Noteboom - RESOLUT RE
Michael Noteboom of RESOLUT RE played a crucial role in securing the lease for Donut/Taco at the retail property on RR 620 North. This transaction signifies the continued demand for retail spaces in Round Rock, highlighting the city's vibrant commercial market.
Players
Round Rock Retail Market Snapshot
Boundary boundary · Retail · 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