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3310 W Braker Ln, Austin, T...

Enjoy Nails & Spa Leases Retail Space At 3310 W. Braker Lane In Austin With Tenant's Rep Joey Mendez & Landlord's Rep Dan Lewis
LEASEDRetail

Enjoy Nails & Spa Leases Retail Space At 3310 W. Braker Lane In Austin With Tenant's Rep Joey Mendez & Landlord's Rep Dan Lewis

3310 W Braker Ln, Austin, TX 78758, USA

Building Size

1,800 SF

Asset Type

Retail

Closing

Sep 15, 2020

AI

The retail property located at 3310 W. Braker Lane in Austin has recently been leased. The leased space spans 1,800 square feet.

Summary of transaction details

  • Property Type: Retail
  • Tenant: Enjoy Nails & Spa
  • Tenant's Representative: Joey Mendez - RESOLUT RE
  • Landlord's Representative: Dan Lewis - TIG Real Estate Services
  • Address: 3310 W. Braker Lane
  • Market: Austin
  • Square Footage: 1,800 SF

Joey Mendez from RESOLUT RE represented the tenant, Enjoy Nails & Spa, in this lease transaction. Meanwhile, Dan Lewis from TIG Real Estate Services served as the landlord's representative.

Players

Joey Mendez

Resolut Re

Broker

5 deals

Broker

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