Amigos Supermercado Leases 9,445 SF Retail Space At 1200 W. Howard Lane In Austin
1200 W Howard Ln, Austin, TX 78753, USA
Building Size
94,450 SF
Asset Type
Retail
Closing
Aug 19, 2020
About this deal
AI
The retail property located at 1200 W. Howard Lane in Austin has recently been leased. The property spans a total of 9,445 square feet.
Summary of transaction details
- Property Type: Retail
- Tenant: Amigos Supermercado
- Address: 1200 W. Howard Lane
- Market: Austin
- Square Footage: 9,445
The landlord's representatives, Joey Mendez and Michael Noteboom from RESOLUT RE, successfully negotiated the lease agreement. The tenant's representative, Scott Nicholson from Discovery Realty Group, worked on behalf of Amigos Supermercado during the transaction.
Traded’s record for 1200 W Howard Ln, Austin, TX 78753, USA in Austin, Texas covers a retail lease from 2020. Published size for 1200 W Howard Ln, Austin, TX 78753, USA is 94,450 square feet. This page is the Austin, Texas file for the 1200 W Howard Ln, Austin, TX 78753, USA retail leased: pricing, party profiles, and other closed retail comps from the same Austin sit in the Market section below. Filter that Austin retail set by closing date to see what else leased near 1200 W Howard Ln, Austin, TX 78753, USA around 2020. Cite this Amigos Supermercado Leases 9,445 SF Retail Space At 1200 W. Howard Lane In Austin lease when underwriting similar retail product around Austin, Texas.
Players
Austin Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Deal FAQ
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