Lang Velka Purchases Retail Asset At 4929 Gattis School Road In Hutto From Tim Timmerman
4929 Gattis School Road
Building Size
4,954 SF
Asset Type
Retail
Closing
Jun 16, 2025
AI
This retail property, located at 4929 Gattis School Road in Hutto, encompasses a total square footage of 4,954. The McDonald's establishment is part of the Austin, Texas Metropolitan Statistical Area and was sold at a high price with an aggressive cap rate.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Specified
- Address: 4929 Gattis School Road
- Market: Hutto
- Seller: Tim Timmerman
- Buyer: Lang Velka
- Seller's Representative: Sam Noe & John Paine - Marcus & Millichap
The transaction involved broker representatives Sam Noe and John Paine from Marcus & Millichap, who handled the sale on behalf of the seller, Tim Timmerman. For further sale details, interested parties are encouraged to contact the broker directly.
Players
Hutto 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