Real International Realty Acquires Retail Property On Research Boulevard In Austin For $UndisclosedM
8557 Research Blvd, Austin, TX 78758, USA
Building Size
42,134 SF
Asset Type
Retail
Closing
Sep 15, 2020
AI
The retail property located at 8557 Research Boulevard in Austin was recently sold. The transaction took place on September 16, 2020. The property covers an area of 42,134 square feet. No additional details were provided about the property.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not provided
The seller's representative in this transaction was Andrew Perkel from RESOLUT RE. The buyer's representative was Lynn Yuan from Real International Realty.
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