LEASEDRetail
Wings To Go Leases 1,200 SF Retail Space At 3601 West William Cannon Drive In Austin
3601 W William Cannon Dr, Austin, TX 78749, USA
Building Size
1,200 SF
Asset Type
Retail
Closing
Jul 28, 2020
AI
An approximately 1,200 square foot retail property located at 3601 West William Cannon Drive in Austin has been leased. The lease transaction was completed on July 29, 2020.
Summary of transation details
- Property Type: Retail
- Tenant: Wings to Go
- BROKERS: Joey Mendez & Samuel Hartley – RESOLUT RE
- Market: Austin
The tenant for this retail property is Wings to Go. The leasing transaction was facilitated by Joey Mendez and Samuel Hartley of RESOLUT RE.
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