SOLDRetail
Whitestone REIT Acquires Retail Property In Austin
13435 North Highway 183, Austin, TX 78750
Building Size
89,746 SF
Asset Type
Retail
Closing
Jan 4, 2022
AI
A retail property located at 13435 N Highway 183 Ste 305 in Austin has been sold in a recent transaction. The property spans an area of 89,746 square feet.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not available
- Address: 13435 N Highway 183 Ste 305
- Market: Austin
- Asset Size: 89,746 square feet
The buyer of the property is Whitestone REIT. The transaction was facilitated by David Disney and Adam Crockett from Disney Investment Group acting as the brokers.
Players
Austin Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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