18201 State 71 hwy - Retail FOR SALE


Spicewood, TX 78669
$7,805,000 USD
214-675-0175
18201 State 71 hwy, Spicewood, TX for Sale
$7,805,000 USD
Retail - FOR SALE
1/4
null | 5% Cap Rate

18201 State 71 hwy
Spicewood, TX 78669


HIGHLIGHTS

  • 2020 Construction. 3,145+/- SF Building On 1.72+/- Acre Site
  • Highway Frontage Location On State Highway 71 (48,000+ VPD)
  • Affluent Austin Suburb With 1-, 3-, And 5-Mile Average Household Incomes Exceeding $135K
  • Lake Travis Community Features Top-Ranked School Systems And Several Luxury Residential Developments
  • 7-Eleven Is The World’s Largest Convenience Store Chain With 85,000+ Locations Globally
  • Spicewood, TX | Outer Austin Suburb | Population: 15,618+

OVERVIEW

10-Year Absolute NNN Lease With 10% Rental Increases Every 5 Years In Both The Primary Term And Renewal Options

FOR SALE DETAILS

PRICE

$7,805,000 USD

PRICE/SF

$2,482 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Matthew ScowSecure Net LeaseMore Info
214-675-0175

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Matthew ScowSecure Net LeaseMore Info
214-675-0175

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