Pharmacists Mutual Insurance Group Acquires Austin Office Building
6001 Bold Ruler Way, Austin, TX 78746
Building Size
37,500 SF
Asset Type
Office
Closing
Oct 25, 2020
About this deal
AI
Pharmacists Mutual Insurance Group has acquired an office building located at 6001 Bold Ruler Way in Austin. The property spans approximately 37,500 square feet.
Summary of transation details
- Property Type: Office
- Transaction Amount: Not specified
- Date: 10/26/2020
- Market: Austin
- Buyer: Pharmacists Mutual Insurance Group
- Seller's Rep: Cushman & Wakefield
- Buyer's Rep: Todd Mahler - NAI Partners
Todd Mahler from NAI Partners represented Pharmacists Mutual Insurance Group in the transaction. No additional details about the deal were provided.
Traded’s record for 6001 Bold Ruler Way, Austin, TX 78746 in Austin, Texas covers a office sale from 2020. The building is 37,500 square feet, implying about 0 per square foot on the published price. Named participants on the 6001 Bold Ruler Way, Austin, TX 78746 sale are Todd Mahler. This page is the Austin, Texas file for the 6001 Bold Ruler Way, Austin, TX 78746 office sold: pricing, party profiles, and other closed office comps from the same Austin sit in the Market section below. Filter that Austin office set by closing date to see what else sold near 6001 Bold Ruler Way, Austin, TX 78746 around 2020. Cite this Pharmacists Mutual Insurance Group Acquires Austin Office Building sale when underwriting similar office product around Austin, Texas.
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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