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7210 Ed Bluestein Boulevard...

EDENS Acquires 12.58 Acre Retail Property In Austin From Forge Capital Partners
SOLDRetail

EDENS Acquires 12.58 Acre Retail Property In Austin From Forge Capital Partners

7210 Ed Bluestein Boulevard, Austin, TX 78724, USA

Building Size

163,145 SF

Asset Type

Retail

Closing

Sep 23, 2021

AI

EDENS has acquired a retail property located at 7210 Ed Bluestein Blvd in Austin. The property spans 12.58 acres and offers a total of 163,145 square feet of space. The transaction took place on September 23, 2021.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Market: Austin
  • Address: 7210 Ed Bluestein Blvd
  • Acres: 12.58
  • Square Footage: 163,145

The property was sold by Forge Capital Partners. The brokers involved in this transaction were Chris Gerard, Ryan Shore, Clint Coe, Erin Lazarus, and Zach Riebe from JLL.

Players

Erin Lazarus

JLL

Broker

$565M

vol

23 deals

Broker
Edens
EdensBuyer

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