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Desi Brothers Signs Lease For 48,000-Square-Foot Retail Space In Round Rock Crossing

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LEASED
Britt Morrison
Michael DuBois
Nicholas (Nick) Naumann

Texas

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Retail96,000 SF
Leased 11/15/2023
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LEASED

Desi Brothers Signs Lease For 48,000-Square-Foot Retail Space In Round Rock Crossing

3021 South Interstate 35 & 3203 South Interstate 35

See Similar Deals
Retail96,000 SF
Leased 11/15/2023
Britt Morrison
Michael DuBois
Nicholas (Nick) Naumann
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:96,000 SF
Transaction Type:Lease

Austin-based retailer Desi Brothers is set to open a new 48,000-square-foot store in Round Rock Crossing, one of the largest open-air retail leases in the Austin metro. The store, located at 3021-3203 South Interstate 35 in Round Rock, will specialize in products from the Indian subcontinent and the Middle East. With renovation costs of $2 million, the store is positioned between the size of Sprouts and H-E-B and is expected to employ approximately 30 people.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 3021-3203 South Interstate 35, Round Rock
  • Market: Round Rock
  • Asset Type: Retail
  • Square Footage: 48,000

The landlord's representatives for this lease deal are Britt Morrison & Nick Naumann from Weitzman. Desi Brothers was represented by Michael DuBois from Pride Commercial Properties.

Players

Britt Morrison
Weitzman⁠
Britt Morrison
2 deals
BROKER
Michael DuBois
Pride Commercial Properties
Michael DuBois
1 deal(214) 736-4667
BROKER
Nicholas (Nick) Naumann
Weitzman⁠
Nicholas Naumann
2 deals(713) 992-3477
BROKER

Details

LEASED
IMAGE: Michael DuBois, Britt Morrison & Nick Naumann DATE: 11/15/2023 ADDRESS: 3021- 3203 South Interstate 35 MARKET: Round Rock ASSET TYPE: Retail ~ SF: 48,000 TENANT: Desi Brothers LANDLORD'S REP: Britt Morrison & Nick Naumann - Weitzman⁠ TENANT'S REP: Michael DuBois - Pride Commercial Properties NOTE: Austin-based retailer Desi Brothers, specializing in products from the Indian subcontinent and the Middle East, is set to open a new 48,000-square-foot store in Round Rock Crossing, one of the largest open-air retail leases in the Austin metro. The store, with renovation costs of $2 million, is positioned between the size of Sprouts and H-E-B and is expected to employ approximately 30 people. ⁠

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Deal Type
Effective Rent (Annual)

$5,502,662.07

Total Lease Value

$55,026,620.70

Net Landlord Cash Flow$5,502,662.07