Clinica Hispana Rundberg Leases 1,346 SF Retail Space At 825 East Runberg Lane In Austin
825 E Rundberg Ln, Austin, TX 78753, USA
Building Size
1,346 SF
Asset Type
Retail
Closing
Sep 15, 2020
AI
The retail property located at 825 East Runberg Lane in Austin has recently been leased. The lease transaction was facilitated by Joey Mendez from RESOLUT RE. The tenant, Clinica Hispana Rundberg, will occupy a space measuring 1,346 square feet.
Summary of transaction details
- Property Type: Retail
- Tenant: Clinica Hispana Rundberg
- Broker: Joey Mendez – RESOLUT RE
- Square Footage: 1,346
The deal was closed on 09/16/2020, with Clinica Hispana Rundberg signing a lease agreement for the retail space at 825 East Runberg Lane. Joey Mendez from RESOLUT RE represented the tenant in this transaction.
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