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3215 Steck Avenue, Austin, ...

Senior Adults Specialty Research Leases Office Space In Austin At 3215 Steck Avenue With Seth Stuart & Kaylee Aune - Aquila Commercial
LEASEDOffice

Senior Adults Specialty Research Leases Office Space In Austin At 3215 Steck Avenue With Seth Stuart & Kaylee Aune - Aquila Commercial

3215 Steck Avenue, Austin, TX, USA

Building Size

4,404 SF

Asset Type

Office

Closing

Jan 7, 2021

AI

An office property located at 3215 Steck Avenue in Austin has been leased to Senior Adults Specialty Research. The property measures 4,404 square feet and the lease transaction took place on January 8, 2021. The leasing deal was facilitated by brokers Seth Stuart and Kaylee Aune from Aquila Commercial.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Date: 01/08/2021
  • Address: 3215 Steck Avenue
  • Market: Austin
  • Square footage: 4,404
  • Tenant: Senior Adults Specialty Research
  • Brokers: Seth Stuart & Kaylee Aune - Aquila Commercial

Seth Stuart and Kaylee Aune from Aquila Commercial played a crucial role as brokers in facilitating the lease between the property owner and Senior Adults Specialty Research.

Players

Seth Stuart

Broker

2 deals

Broker

Austin 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