1801 Clover Ln - Sports and Entertainment FOR SALE


Cedar Park, TX 78613
$2,900,000 USD
512-535-0262
1801 Clover Ln, Cedar Park, TX for Sale
$2,900,000 USD
Sports and Entertainment - FOR SALE
1/9
null | 7.11% Cap Rate

1801 Clover Ln
Cedar Park, TX 78613


HIGHLIGHTS

  • 1801 Clover Lane spans 10,580 square feet and is currently used for indoor playground purposes with upstairs office space.
  • Features include tall ceilings, loading capabilities, 3-phase power, and all utilities on the property.
  • Strategically located by the signalized intersection of New Hope Drive and Bagdad Road with regional detention.
  • Located next to the indoor water park, Splash Shack, perfect for showroom, flex, or office space uses.

OVERVIEW

1801 Clover Lane presents a 10,580-square-foot indoor playground facility with an upstairs office spanning 1,500 square feet. The building features 100% new HVAC units (Building - Seresco NP-035: 36 tons (Office & Restrooms) and two LG 2.5 tons), a ceiling height of 35 feet, one overhead door for loading, a 3-phase power supply, LED lighting, a metal roof, and five restrooms. It features a patented design that is completely enclosed and doesn’t leak. This leaseback investment opportunity is presented with zero landlord responsibility on a 10-year NNN lease with 10% rent increases every five years. This is a fee simple investment.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

7.11%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Splash Shack Lease-Back Investment Sale

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,794 SF

ZONING

-

APN/PARCEL ID

R559576

ASK ABOUT THIS PROPERTY

Janice LandersRESOLUT REMore Info
512-535-0262

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Janice LandersRESOLUT REMore Info
512-535-0262

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