facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Texas

/

Office

/

Lease

/

3232 East Cesar Chavez Street

Matthew Briggs's Four Hands Signs 20,000-Square-Foot Office Lease At 3232 East Cesar Chavez St
LEASEDOffice

Matthew Briggs's Four Hands Signs 20,000-Square-Foot Office Lease At 3232 East Cesar Chavez St

3232 East Cesar Chavez Street

Building Size

20,000 SF

Asset Type

Office

Closing

Jan 3, 2025

AI

The property involved in this transaction is an office asset located at 3232 East Cesar Chavez Street in Austin. The space encompasses 20,000 square feet and falls within the office asset type category.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 3232 East Cesar Chavez Street
  • Market: Austin
  • Landlord: Clay Duvall - Lincoln Property Co, Brad Korzen - The KOR Group, Larry Jackel - Fenway Capital Advisors, Patrick Tribolet - Fenway Capital Advisors
  • Tenant: Matthew Briggs - Four Hands
  • Broker: Chad Marsh - Endeavor Real Estate Group

This transaction involved Four Hands signing a lease, facilitated by Chad Marsh from Endeavor Real Estate Group, representing the tenant in the deal. The partnership owning the property includes parties from Lincoln Property Co., The KOR Group, and Fenway Capital Advisors.

Players

Chad Marsh

Endeavor Real Estate Group

Broker

2 deals

Broker

Austin Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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