For Sale
For Sale
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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
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 TypeRetail
- Submarket
- Sale Price$2,750,000
- Total Acres0.3
- Cap Rate7.0%
- Property ID1900152