Scott Lowrey - Commercial Real Estate Showcase

Scott Lowrey Property Listings
JB Goodwin, Realtors
1613 S Capital Texas Hwy
Suite 100
Austin, TX 78746

11426 N FM 620

Austin, TX 78726 - Far Northwest Submarket

(452.9 KB)

Property Type:Retail Sub Type:Auto Repair Status:Existing Year Built:-
Building Size:4,073 SF Land Area:-
For Sale Price:$2,300,000 Price/SF:$564.69
Cap Rate:5.50 %
Parking:Free Surface spaces are available; Ratio of 2.64/1,000 SF
Features:Dedicated Turn Lane, Pylon Sign

Sale Notes:
JIFFY LUBE, an existing freestanding one story single tenant building containing approximately 4,073 SF of Gross Building Area.
The building is constructed of smooth and split faced concrete block and contains 1 head-in and 3 drive-thru service bays.

The building is 100% leased to HEARTLAND AUTOMOTIVE SERVICES, INC. on a twenty (20) year NNN lease with over 7 years remaining.
The lease is absolute triple net with all expenses paid by the Tenant.
The base rent increases by 10% every 5 years. The next increase will occur in approximately 2 years.

JB Goodwin, Realtors
Scott Lowrey
(512) 940-6040

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