111 Woodward St
Austin, TX 78704
St Edwards
HIGHLIGHTS
- Triple Net Lease with Two Years Remaining
- Near the Signalized Hard Corner of South Congress Avenue and Woodward Street (Combined Traffic Counts Exceed 44,045 Vehicles per Day)
- Across from St. Edward’s University (Approximately 4,700 Students), With Easy Access to the Retail and Entertainment Offerings of South Congress
- Less Than a Mile to H-E-B’s New, Multi-Level, South Congress Store
- More Than 368,422 Residents Within a Five-Mile Radius
- Daytime Population Increases by 69 Percent with 623,003 Employees (Five-Mile Radius)
OVERVIEW
Marcus & Millichap is pleased to present the opportunity to acquire a triple net lease Capital City Collision in Austin, TX. The property consists of a 5,000-square-foot, freestanding building that sits on approximately 0.42 acres of land. There are 2.0 years remaining on the lease with $6,000 rental increases annually.
FOR SALE DETAILS
PRICE
$1,725,000 USD
PRICE/SF
$345 USD /SF
CAP RATE
6.26%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Capital City Collision
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1983
SPRINKLERS
-
PARKING SPACES
21
LAND DETAILS
LAND ACRES
0.42 AC
LAND SF
18,295 SF
ZONING
LI
APN/PARCEL ID
310850
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972-755-5205
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972-755-5205
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