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19348 Ronald W Reagan Boule...

AEW Capital Management Acquires Bar W Marketplace Retail Property In Leander From Barshop & Oles
SOLDRetail

AEW Capital Management Acquires Bar W Marketplace Retail Property In Leander From Barshop & Oles

19348 Ronald W Reagan Boulevard

Building Size

189,507 SF

Asset Type

Retail

Closing

Dec 2, 2024

AI

The property involved in the transaction is located at 19348 Ronald Reagan Boulevard in Leander, featuring a total area of 189,507 square feet. It is categorized as a retail asset and is fully leased, anchored by H-E-B.

Summary of transaction details:

The transaction involved Jonathan Martin representing AEW Capital Management as the buyer, while C. Patrick Oles Jr. represented Barshop & Oles as the seller. JLL acted as the brokerage firm facilitating the transaction and secured fixed-rate financing through Manulife Real Estate Finance.

Players

Jackson Finch

JLL

Broker

$27.1M

vol

2 deals

Broker
Manulife
ManulifeLender

Georgetown 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