LRIC Properties Sells 113,772 SF Retail Property In Georgetown, Austin
900 North Austin Avenue, Georgetown, Texas 78626, United States
Building Size
113,772 SF
Asset Type
Retail
Closing
Jul 21, 2022
About this deal
AI
Located at 900 North Austin Avenue in Georgetown, Austin, this retail property spans an impressive 113,772 square feet. The transaction, which took place on July 22, 2022, involved the sale of the asset.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 900 North Austin Avenue, Georgetown, Austin
- Market: Georgetown, Austin
- Seller: LRIC Properties
- Broker: Disney Investment Group (DIG)
The sale was facilitated by Disney Investment Group (DIG), representing the seller, LRIC Properties. The specific transaction amount was not disclosed in the available information.
On the Map
Retail
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Players
Georgetown Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
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