DoubleTake ATX Leases 2,250 SF Retail Space At 6318 Burnet Road In Austin
6318 Burnet Rd, Austin, TX 78757, USA
Building Size
2,250 SF
Asset Type
Retail
Closing
Aug 10, 2020
About this deal
AI
The retail property located at 6318 Burnet Road in Austin has been leased. The transaction took place on August 11, 2020.
Summary of transaction details:
- Property Type: Retail
- Square Footage: 2,250
- Market: Austin
The tenant who leased the property is DoubleTake ATX. Lance Morris from The Retail Connection represented the tenant as their representative in the deal. On the landlord's side, Gabe Sanchez and Jeff Lewis from Weitzman served as the landlord's representatives.
Traded’s record for 6318 Burnet Rd, Austin, TX 78757, USA in Austin, Texas covers a retail lease from 2020. Published size for 6318 Burnet Rd, Austin, TX 78757, USA is 2,250 square feet. This page is the Austin, Texas file for the 6318 Burnet Rd, Austin, TX 78757, 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 6318 Burnet Rd, Austin, TX 78757, USA around 2020. Cite this DoubleTake ATX Leases 2,250 SF Retail Space At 6318 Burnet Road 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