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5700 South Mopac Expressway...

Accenture Signs Lease For Office Space In Austin At 5700 S. Mopac Expressway
LEASEDOffice

Accenture Signs Lease For Office Space In Austin At 5700 S. Mopac Expressway

5700 South Mopac Expressway, Austin, Texas 78749, United States

Building Size

37,800 SF

Asset Type

Office

Closing

Apr 28, 2022

AI

Accenture has recently signed a lease for office space in Austin, Texas. The leased property is located at 5700 S. Mopac Expressway and spans over 37,800 square feet. The lease transaction was completed on April 29, 2022.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not available
  • Address: 5700 S. Mopac Expressway
  • Market: Austin
  • Square Footage: 37,800

The landlord for this property is Capital City Partners, while Accenture serves as the tenant. Capital City Partners was represented by Chad Barrett from AQUILA Commercial, and Accenture was represented by Marc Vanderslice from CBRE.

Players

Chad Barrett

Aquila Commercial

Broker

3 deals

Broker
A
AccentureTenant

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