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7101 West Highway 71, Austi...

Updated Dec 21, 2023

Partners Capital Acquires Retail Property On Highway 71 W In Austin
SOLDRetail

Partners Capital Acquires Retail Property On Highway 71 W In Austin

7101 West Highway 71, Austin, TX 78735

Building Size

115,512 SF

Asset Type

Retail

Closing

Aug 17, 2021

About this deal

AI

The retail property located at 7101 Highway 71 W in Austin was recently sold. The transaction took place on 08/17/2021. The property covers an area of 115,512 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified

Partners Capital, represented by Arjun Raghavan, acquired the property.

Traded’s record for 7101 West Highway 71, Austin, TX 78735 in Austin, Texas covers a retail sale from 2021. The building is 115,512 square feet, implying about 0 per square foot on the published price. This page is the Austin, Texas file for the 7101 West Highway 71, Austin, TX 78735 retail sold: pricing, party profiles, and other closed retail comps from the same Austin sit in the Market section below. Filter that Austin retail set by closing date to see what else sold near 7101 West Highway 71, Austin, TX 78735 around 2021. Cite this Partners Capital Acquires Retail Property On Highway 71 W In Austin sale when underwriting similar retail product around Austin, Texas.

Players

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

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