HIGHLIGHTS
- Core East Austin Asset – Located along Airport Boulevard a main North/South thoroughfare of historic East Austin
- Committed Tenant – Jack in the Box who has operated from this location since its construction in 2000, just exercised their send of four option period
- Below Market Rent – Tenant’s scheduled rent at this location falls below average market rent of the local Austin market & national average rent
- Corporate Guaranteed Ground Lease – Tenant operates the subject property under a Ground Lease agreement
- Signalized Hard Corner – Subject property further benefits through its position on a signalized hard corner with ingress/egress access
- Qualified Opportunity Zone – Subject property is within a designated Opportunity Zone
FOR SALE DETAILS
PRICE
$2,200,000 USD
PRICE/SF
$873 USD /SF
CAP RATE
4.39%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
JACK IN THE BOX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
18
LAND DETAILS
LAND ACRES
0.22 AC
LAND SF
9,583 SF
ZONING
-
APN/PARCEL ID
198922
ASK ABOUT THIS PROPERTY
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512-361-2143
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Please correct the highlighted field(s).
512-361-2143
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