Jeremy Stein Of Exacta Systems Leases Office Space At 5209 Burnet Road In Austin
5209 Burnet Road
Building Size
15,908 SF
Asset Type
Office
Closing
Mar 24, 2025
About this deal
AI
The property asset involved in this transaction is an office space located at 5209 Burnet Road, Austin. The total area of the property is 15,908 square feet.
Summary of transaction details:
- Property Type: Office
- Tenant: Jeremy Stein - Exacta Systems
- Date: 03/24/2025
- Tenant's Representative: Zach Ellis - Colliers
- Landlord's Representatives: Brent Powdrill - JLL, Bethany Perez - JLL, Colton McCasland - JLL
The transaction reflects the collaboration of multiple representatives from JLL acting on behalf of the landlord, with a single representative from Colliers representing the tenant in the deal.
On the Map
Office
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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