TaskUs Leases 80,000 SF Office Space In New Braunfels With Tenant's Rep Wills Bauer & Randy Cooper - Stream Realty Partners
1650 Independence Drive, New Braunfels, TX 78132, USA
Building Size
80,000 SF
Asset Type
Office
Closing
Oct 25, 2021
AI
The leased property at 1650 Independence Dr in New Braunfels has been a part of a recent transaction. The asset type is an office space with a size of approximately 80,000 square feet. The lease deal was finalized on October 25, 2021.
Summary of Transaction Details:
- Property Type: Office
- Transaction Date: October 25, 2021
- Address: 1650 Independence Dr, New Braunfels
- Market: New Braunfels
- Asset Size: 80,000 square feet
Worth & Associates acted as the landlord for this transaction. The tenant in the lease deal is TaskUs. Representing the landlord, Shawn Gulley from Worth & Associates facilitated the transaction. On the other hand, Wills Bauer and Randy Cooper from Stream Realty Partners served as the tenant's representatives.
Players
New Braunfels Office Market Snapshot
Boundary boundary · Office · 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