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
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