4323 S Interstate 35 - Restaurant FOR SALE


Austin, TX 78744- Franklin Park
$4,250,000 USD
512-417-5713
4323 S Interstate 35, Austin, TX for Sale
$4,250,000 USD
Restaurant - FOR SALE
1/33
null | 5.22% Cap Rate

4323 S Interstate 35
Austin, TX 78744
Franklin Park


HIGHLIGHTS

  • Five-Year Lease Income with 3% annual escalations
  • Full NNN lease with Base Rent of $222,000 per year
  • High traffic Count with 135,000 cars per day on South I-35
  • Investment includes Building and land as well as all FF&E in Restaurant

OVERVIEW

Opportunity to acquire a stabilized, single-tenant, income-producing asset in a high-visibility South Austin corridor. This offering represents the acquisition of secure lease cash flow backed by a freestanding building on one of Austin’s most heavily trafficked thoroughfares. Investment Highlights Year One CAP Rate: 5.22% Annual Rent Increases: 3% Average CAP Rate Over Initial Term: ~5.54% Asset Type: Free-Standing Retail Building Traffic Exposure: ±135,000 vehicles per day (IH-35) Location: Prime South IH-35 frontage Cash Flow Profile: The investment delivers predictable income growth through structured 3% annual escalations, providing built-in yield enhancement over the lease term. The steady increase in rental income supports long-term value preservation and improved overall return metrics compared to flat-rent structures. Real Estate Fundamentals Direct frontage and visibility along IH-35 High daily traffic counts (±135,000 VPD) Strong surrounding retail and residential density Positioned within one of Austin’s primary growth corridors Investment Thesis: While cap rates in today’s market may trend higher, this asset reflects a stability premium driven by: Prime freeway frontage Strong tenant visibility and access Structured rent growth Desirable Austin MSA location This offering is not the sale of a restaurant business, but the acquisition of a durable, escalating cash flow secured by strategically located real estate.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$489 USD /SF

CAP RATE

5.22%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Income Producing Restaurant Asset

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

2.22 AC

LAND SF

96,703 SF

ZONING

CS1; GRCO

APN/PARCEL ID

319247

ASK ABOUT THIS PROPERTY

Allan HansonBerkshire Hathaway Home Services Texas RealtyMore Info
512-417-5713

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Allan HansonBerkshire Hathaway Home Services Texas RealtyMore Info
512-417-5713

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