Harmony Public Schools Extends Office Lease In Amber Oaks, Austin
9601 Amberglen Boulevard
Building Size
7,211 SF
Asset Type
Office
Closing
Jan 31, 2024
AI
Harmony Public Schools, represented by Nick Boyd Real Estate, has extended its lease for 7,211 square feet of office space in the Amber Oaks development located at 9601 Amberglen Boulevard in northwest Austin. The property is an office space with a total area of 7,211 square feet.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Address: 9601 Amberglen Boulevard
- Market: Austin
- Tenant: Fatih Ay - Harmony Public Schools
- Landlord's Rep: Jason Steinberg - Equitable Commercial Realty
- Tenant's Rep: Nick Boyd - Nick Boyd Real Estate
The lease extension for Harmony Public Schools' office space was facilitated by Equitable Commercial Realty and Nick Boyd Real Estate. The property, located in the Amber Oaks development, is in northwest Austin.
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