Amazon's Jeff Bezos Leases 330,000 SF Office Space At 500 W 5th St Suite 700 In Austin By Cousins Properties
500 West 5th Street, Austin, Texas 78701, United States
Building Size
330,000 SF
Asset Type
Office
Closing
Dec 21, 2021
About this deal
AI
The property involved in this lease transaction is an office space located at 500 W 5th St Suite 700 in Austin. The property has a total square footage of 330,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 500 W 5th St Suite 700, Austin
- Market: Austin
- Asset Type: Office
- Square Footage: 330,000
In this lease transaction, the landlord of the property is Cousins Properties. The tenant is Amazon, specifically Jeff Bezos.
Traded’s record for 500 West 5th Street, Austin, Texas 78701, United States in Austin, Texas covers a office lease from 2021. Published size for 500 West 5th Street, Austin, Texas 78701, United States is 330,000 square feet. This page is the Austin, Texas file for the 500 West 5th Street, Austin, Texas 78701, United States office leased: pricing, party profiles, and other closed office comps from the same Austin sit in the Market section below. Filter that Austin office set by closing date to see what else leased near 500 West 5th Street, Austin, Texas 78701, United States around 2021. Cite this Amazon's Jeff Bezos Leases 330,000 SF Office Space At 500 W 5th St Suite 700 In Austin By Cousins Properties lease when underwriting similar office product around Austin, Texas.
Players
Austin Office Market Snapshot
Boundary boundary · Office · Lease 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