• 6007 N Interstate 35, Austin, TX 78723

For Sale

Retail

For Sale

This property is available for sale
0.3
Acres
$2,750,000
Sale Price
  • Overview

    Texas Land & Cattle, Long-term Absolute NNN lease with scheduled rent increases For Sale - Austin, TX

    Priced at a 7.39% CAP on current income
    Corporate restaurant with long operating history
    Irreplaceable location at the intersection of IH 35 and U.S. 290 in central Austin
    Excellent high traffic highway location with over 187,000 VPD on IH 35 in front of the subject property
    Cap Rate: 7.39%
    NOI: $203,243

Contact or Call

Property Details

Texas Land & Cattle > Exclusive Net-Lease Offering

Texas Land & Cattle, Long-term Absolute NNN lease with scheduled rent increases For Sale - Austin, TX

Priced at a 7.39% CAP on current income
Corporate restaurant with long operating history
Irreplaceable location at the intersection of IH 35 and U.S. 290 in central Austin
Excellent high traffic highway location with over 187,000 VPD on IH 35 in front of the subject property
Cap Rate: 7.39%
NOI: $203,243

  • Property Type
    Retail
  • Submarket
  • Sale Price
    $2,750,000
  • Total Acres
    0.3
  • Cap Rate
    7.0%
  • Last updated
    Feb 27, 2019
  • Property ID
    1900152

Landlord's Sales Representative

  • Edward Benton
    Colliers | Houston