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13091 Pond Springs Road

Jason Burger, Hugo Li & Zane Meng Purchase Retail Asset On Pond Springs Road With Aidan Morgensteren As Buyer's Rep
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Jason Burger, Hugo Li & Zane Meng Purchase Retail Asset On Pond Springs Road With Aidan Morgensteren As Buyer's Rep

13091 Pond Springs Road

Building Size

31,000 SF

Asset Type

Retail

Closing

Mar 30, 2026

AI

The property asset involved in this transaction is a retail space located at 13091 Pond Springs Road in Austin, featuring a total size of 31,000 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 13091 Pond Springs Road
  • Market: Austin
  • Seller: Mark Willits & Roland Willits
  • Buyer: Jason Burger, Hugo Li & Zane Meng
  • Buyer's Representative: Aidan Morgensteren - Avison Young

This transaction involved key individuals including the buyers Jason Burger, Hugo Li, and Zane Meng, along with the sellers Mark Willits and Roland Willits. The representation of the buyers was handled by Aidan Morgensteren from Avison Young.

Players

Aidan Morgensteren

Avison Young

Broker

1 deal

Broker

Jason Burger

Buyer

3 deals

Buyer

Mark Willits

Seller

1 deal

Seller

Austin Retail Market Snapshot

Boundary boundary · Retail · Sale 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