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900 N Austin Ave #109, Geor...

Updated Oct 29, 2024

Harbor Freight Tools Leases 16,000 SF Retail Space On N Austin Avenue Georgetown
LEASEDRetail

Harbor Freight Tools Leases 16,000 SF Retail Space On N Austin Avenue Georgetown

900 N Austin Ave #109, Georgetown, TX 78626, USA

Building Size

160,000 SF

Asset Type

Retail

Closing

Aug 18, 2020

About this deal

AI

Located at 900 N Austin Avenue in Georgetown, this retail property has been leased. The transaction took place on August 19, 2020. The property spans a total of 16,000 square feet.

Summary of transaction details

  • Property Type: Retail
  • Tenant: Harbor Freight Tools
  • Tenant's Representative: CLD Realty
  • Landlord's Representatives: Jeff Lewis & Brett Maze – Weitzman

Harbor Freight Tools is the tenant for this leased retail property. The tenant was represented by CLD Realty, while the landlord was represented by Jeff Lewis & Brett Maze from the Weitzman agency.

Players

HT
Harbor Freight ToolsTenant

Georgetown 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

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