Epicor Software Leases Office Space In Austin's Las Cimas Pkwy
804 Las Cimas Parkway, Austin, Texas 78746, United States
Building Size
45,496 SF
Asset Type
Office
Closing
Aug 30, 2022
About this deal
AI
A lease transaction has taken place in Austin. The property involved is an office space located at 804 Las Cimas Pkwy, with a total area of 45,496 square feet. The lease was signed on 08/31/2022.
Summary of transaction details
- Property Type: Office
- Transaction Date: 08/31/2022
- Address: 804 Las Cimas Pkwy
- Market: Austin
- Total Square Footage: 45,496 SF
The landlord for this lease is Rockpoint and the tenant is Epicor Software. Representing the landlord in this transaction were Kevin Granger and Brian Liverman from Cushman & Wakefield. On the tenant's side, Nate Stricklen and John Gump from CBRE acted as the tenant's representatives.
On the Map
Office
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Players
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