12332 FM 620 N - Sports and Entertainment FOR SALE


Austin, TX 78750
$6,090,888 USD
332-345-4222
12332 FM 620 N, Austin, TX for Sale
$6,090,888 USD
Sports and Entertainment - FOR SALE
1/3
null | 8% Cap Rate

12332 FM 620 N
Austin, TX 78750


HIGHLIGHTS

  • Grade-separation at the Front Door
  • Improved Accessibility & Visibility; Better Customer Capture
  • Affluent Community and Robust Demographics
  • Infrastructure Tailwind to a Passive Sale-leaseback

OVERVIEW

Surmount is pleased to present the exclusive listing for a Golfinity located at 12332 North FM 620, Austin, TX, 78750. The site consists of roughly 20,590 rentable square feet of building space on an estimated 1.48-acre parcel of land. This Golfinity is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $487,271 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$6,090,888 USD

PRICE/SF

$336 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Golfinity

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

-

APN/PARCEL ID

R537697

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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