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9601 Amberglen Boulevard

Updated Dec 4, 2024

Harmony Public Schools Extends Office Lease In Amber Oaks, Austin
LEASEDOffice

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

About this deal

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

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.

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Players

Jason Steinberg

Equitable Commercial Realty

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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

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