Milto’s | Next to UT


2909 Guadalupe Street
Austin, TX

Price: $2,050,000
Cap Rate: Contact Agent
NOI: $84,000
Building Size: Approx. 1,872 Sq. Ft.
Lot Size: Approx. 0.175 Acres
Status: Available
Sub Category: Casual Dining
Year Built: 1977

Investment Overview

  • 1,872+/- SF Building on .175+/- Acre Site
  • Located along Guadalupe St (30K VPD), &  W 29th St (11k VPD)
  • Subject property is minutes from The University of Texas @ Austin
  • Milto’s will sign a New 1-Yr Sale-Leaseback w/ LL right to Terminate
  • Rare Opportunity to acquire irreplaceable retail corner on The Drag
  • Key signalized corner parcel for possible assemblage of full city block
  • Attractions: State Capital | Lake Austin | Zilker Park | Sixth Street
  • Austin is the “Best Place to Live” in the U.S – World Report & U.S News
  • 3-Mile Radius: 2017 Est Pop: 158,477 l  3-Mile Average HH Income: $94,220
  • Greater Austin (MSA) | Population: 2 Million | 11th Largest MSA in the U.S