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5731 Williams Drive, George...

REIT Phillips Edison & Co. Acquires Retail Property In Georgetown From Cypress Equities
SOLDRetail

REIT Phillips Edison & Co. Acquires Retail Property In Georgetown From Cypress Equities

5731 Williams Drive, Georgetown, Texas 78633, United States

Building Size

78,888 SF

Asset Type

Retail

Closing

Feb 10, 2022

AI

Cypress Equities has sold a retail property located at 5731 Williams Dr in Georgetown. The property spans a total area of 78,888 square feet. The transaction took place on February 11, 2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 5731 Williams Dr, Georgetown
  • Market: Georgetown
  • Buyer: REIT Phillips Edison & Co.
  • Seller: Cypress Equities

The deal was facilitated by SRS Real Estate Partners, with Cathy Nabours, Walter Saad, Kyle Shaffer, and Aaron Johnson representing the buyer and seller. No additional details about the transaction were provided.

Players

Cathy Nabours

SRS Real Estate Partners

Broker

11 deals

Broker
PC
Philips Edison & Co.Buyer
CE
Cypress EquitiesSeller

Georgetown 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