Austin, TX

Price: $6,375,000
Cap Rate: 4.65%
NOI: $296,423
Building Size: Approx. 3,061 Sq. Ft.
Lot Size: Approx. 1.41 Acres
Status: Available
Sub Category: Convenience / Gas
Year Built: 2019

Investment Overview

  • 2019 Construction. 3,061+/- SF Building on 1.41+/- Acre Site
  • 15 Year NNN Corp Lease w/ 10% Rent Bumps After Year 10
  • Located along Braker Ln (27K VPD) and Lamar Blvd (39K VPD)
  • Just West of I-35 (169K VPD) and East of US-183 (148K VPD)
  • Surrounded by multiple Schools, Commercial, and Retail Centers
  • Near H-E-B Center, UPS, Chase, CVS, Target, SBUX, Whataburger
  • 9-Miles N of Downtown Austin | 3Rd Fastest Growing City in the Nation
  • Austin is the NEW Tech Hub w/ Skill Base fed by University of Texas
  • Local Tech Companies: Apple, Amazon, Advance Micro, Adobe, Dell
  • 3-Mile Estimated Population: 139,523 | 2-Mile HH AVG Income: $70,526
  • Austin – Round Rock – San Marcos (MSA) | 2018 Est Pop: 2,168,316+