Gabriela’s Mexican Restaurant Leases 4,842 SF Retail Space At 11101 Burnet Road Austin
11101 Burnet Rd, Austin, TX 78758, Estados Unidos
Building Size
48,420 SF
Asset Type
Retail
Closing
Sep 23, 2020
About this deal
AI
The retail property located at 11101 Burnet Road in Austin has been leased out. The transaction was completed on September 24, 2020. The asset spans an area of 4,842 square feet.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 11101 Burnet Road
- Market: Austin
Joey Mendez and Samuel Hartley from RESOLUT RE represented the tenant, Gabriela's Mexican Restaurant, in the lease agreement. On the other side, John Elges from St. Croix Capital Realty Advisors served as the landlord's representative.
On the Map
Retail
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Players
Austin Retail Market Snapshot
Boundary boundary · Retail · 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