Partners Capital Acquires Retail Property At 8300 N FM 620 In Austin
8300 N FM 620, Austin, TX 78726, USA
Building Size
69,037 SF
Asset Type
Retail
Closing
Oct 27, 2020
About this deal
AI
The property at 8300 N FM 620 in Austin has been sold in a recent transaction. The retail asset spans a total of 69,037 square feet and sits on a 15-acre plot of land.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Market: Austin
- Buyer: Partners Capital – Andrew Pappas & Adam Hawkins
- Seller: Not specified
- Broker: Drew Fuller – JLL
The sale was facilitated by Drew Fuller from JLL. Partners Capital, represented by Andrew Pappas and Adam Hawkins, acquired the retail property. Unfortunately, further details regarding the transaction amount are not available.
On the Map
Retail
View full map
Players
Austin Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas retail sales on Traded.
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