LEASEDRetail
Pie Bar & Jet’s Pizza Leases Retail Space At 9000 South Congress Avenue In Austin
9000 S Congress Ave, Austin, TX 78745, USA
Building Size
2,885 SF
Asset Type
Retail
Closing
Jul 28, 2020
About this deal
AI
The retail property located at 9000 South Congress Avenue in Austin has been leased. The property spans 2,885 square feet and is situated in the Austin market.
Summary of transaction details:
- Property Type: Retail
- Tenant: Pie Bar & Jet's Pizza
- Tenant's Representative: Austin McWilliams - JLL
- Landlord's Representative: Dave Burggraaf - RESOLUT RE
- Address: 9000 South Congress Avenue
- Market: Austin
- Square Footage: 2,885
Austin McWilliams from JLL represented the tenant, Pie Bar & Jet's Pizza, in this leasing transaction. Dave Burggraaf from RESOLUT RE served as the landlord's representative.
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