facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Office

/

Lease

/

5209 Burnet Road

Industrious Signs Lease For 18653 Square Feet Office Space At 5209 Burnet Road In Austin
LEASEDOffice

Industrious Signs Lease For 18653 Square Feet Office Space At 5209 Burnet Road In Austin

5209 Burnet Road

Building Size

18,653 SF

Asset Type

Office

Closing

Mar 20, 2025

AI

The property asset involved in this transaction is located at 5209 Burnet Road in Austin. It is classified as an office space with a total square footage of 18,653.0 square feet.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 5209 Burnet Road
  • Market: Austin
  • Tenant: Jamie Hodari - Industrious
  • Brokers: Brent Powdrill - JLL, Bethany Perez - JLL, Colton McCasland - JLL
  • Lease Date: 03/20/2025

The deal involves Jamie Hodari representing the tenant, Industrious, while Brent Powdrill, Bethany Perez, and Colton McCasland are the brokers at JLL involved in this leasing transaction.

Players

Bethany Perez

JLL

Broker

2 deals

Broker
Aquila Commercial
Aquila CommercialBrokerage
CBRE
CBREBrokerage

Jamie Hodari

Industrious

Tenant

11 deals

Tenant

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