12212 Ranch Road 620 N - Auto Repair FOR SALE


Austin, TX 78750
$1,944,000 USD
916-995-3298
12212 Ranch Road 620 N, Austin, TX for Sale
$1,944,000 USD
Auto Repair - FOR SALE
1/5
null | 6.25% Cap Rate

12212 Ranch Road 620 N
Austin, TX 78750


HIGHLIGHTS

  • 15-Year Absolute NNN Lease with 10% rent increases every 5 years; Newly Renovated Site – Currently open and operating
  • Irreplaceable location in high-growth Austin market; Strong demographics: 85,000+ Households with AHHI of $128,000+ (5 miles)
  • Major infill retail corridor with strong national anchors including H-E-B, Lowe’s, Walmart, and more
  • Excellent Visibility: Frontage to 38,000+ VPD on FM 620; Immediate proximity to the 214,000 SF Lakeline Mall (Simon Property Group)
  • High-Growth Market: 5.1% 1-Mile annual growth projected through 2029; Strategic location with limited auto glass competition
  • Nations Auto Glass: National tenant operating in 5+ states with 19+ locations; 35+ year operating history

OVERVIEW

Century Partners is pleased to offer the opportunity to acquire Nations Auto Glass, a well-located auto repair facility situated in the heart of Austin’s high-growth market. The property is secured by a 15-year absolute NNN lease featuring 10% rent increases every five years, providing investors with long-term, passive income and built-in rent growth. The site boasts an excellent location at a seasoned site along FM 620, with immediate access to TX-183, one of the primary traffic drivers in Austin. Surrounding retail is very strong, with multiple nearby tenants including H-E-B, Lowe’s, Walmart and more. The site has been newly renovated and is currently open and operating, ensuring immediate cash flow with no deferred maintenance. Positioned in an irreplaceable location, the property benefits from exceptional market fundamentals and strong surrounding development activity. The asset is further supported by outstanding demographics, with over 85,000 households within a five-mile radius and an average household income exceeding $128,000, reinforcing the long-term viability of the tenant and location.

FOR SALE DETAILS

PRICE

$1,944,000 USD

PRICE/SF

$1,163 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nations Auto Glass - 15-Year Absolute NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

Commercial

APN/PARCEL ID

R330783

ASK ABOUT THIS PROPERTY

Marc MerchantCentury Partners Real Estate Inc.More Info
916-995-3298

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Marc MerchantCentury Partners Real Estate Inc.More Info
916-995-3298

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