AutoZone Leases 33,000 SF Retail Space In Austin With Landlord's Rep Weitzman
500 West William Cannon Drive, Austin, Texas 78745, United States
Building Size
33,000 SF
Asset Type
Retail
Closing
Feb 7, 2022
About this deal
AI
The leased property involved in this transaction is a retail space located at 500 William Cannon Dr in Austin. The property spans approximately 33,000 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 02/08/2022
- Address: 500 William Cannon Dr, Austin
- Market: Austin
- Size: 33,000 square feet
The tenant for this lease is AutoZone. The landlord's representatives in this transaction were Cam Longmire and Gabe Sanchez from Weitzman. Edwin Williams served as the tenant's representative.
Traded’s record for 500 West William Cannon Drive, Austin, Texas 78745, United States in Austin, Texas covers a retail lease from 2022. Published size for 500 West William Cannon Drive, Austin, Texas 78745, United States is 33,000 square feet. Named participants on the 500 West William Cannon Drive, Austin, Texas 78745, United States lease are Cameron Longmire, Edwin Williams. This page is the Austin, Texas file for the 500 West William Cannon Drive, Austin, Texas 78745, United States 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 500 West William Cannon Drive, Austin, Texas 78745, United States around 2022. Cite this AutoZone Leases 33,000 SF Retail Space In Austin With Landlord's Rep Weitzman lease when underwriting similar retail product around Austin, Texas.
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Retail
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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