1201 S Bell Blvd - Department Store FOR SALE


Cedar Park, TX 78613
$5,728,941 USD
203-887-8797
1201 S Bell Blvd, Cedar Park, TX for Sale
$5,728,941 USD
Department Store - FOR SALE
1/2
null | 6% Cap Rate

1201 S Bell Blvd
Cedar Park, TX 78613


HIGHLIGHTS

  • Long Term NNN Lease With ~17.75 Years Remaining
  • Outstanding Demographics In Austin MSA
  • Lease Guaranteed By Calloway's Nursery, Inc (Stock Ticker: CLWY)

OVERVIEW

Surmount is pleased to present the exclusive listing for a Calloway's located at 1201 South Bell Boulevard, Cedar Park, TX 78613. The site consists of roughly 148,540 rentable square feet of building space on an estimated 3.41-acre parcel of land. This Calloway's is subject to a 20-year Triple Net (NNN) lease, which commenced 2/1/2023. The current annual rent is $343,736 and has scheduled increases of 5.00% every 5 years.

FOR SALE DETAILS

PRICE

$5,728,941 USD

PRICE/SF

$149 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Calloway's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.41 AC

LAND SF

148,540 SF

ZONING

F1

APN/PARCEL ID

R525419

ASK ABOUT THIS PROPERTY

Anthony D'AmbrosiaSurmountMore Info
203-887-8797

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Anthony D'AmbrosiaSurmountMore Info
203-887-8797

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.