6430 S Interstate 35 - Restaurant FOR SALE


Austin, TX 78745- Sweetbriar
$2,400,000 USD
480-339-4331
6430 S Interstate 35, Austin, TX for Sale
$2,400,000 USD
Restaurant - FOR SALE
1/3
null | 6.81% Cap Rate

6430 S Interstate 35
Austin, TX 78745
Sweetbriar


HIGHLIGHTS

  • Healthy Store Sales
  • Income Tax Free State
  • Absolute Net Lease
  • Hard Corner Location

OVERVIEW

Surmount is pleased to present the exclusive listing for a Taco Cabana located at 6430 South Interstate 35 Frontage Road, Austin, TX 78745. The site consists of roughly 3,253 rentable square feet of building space on an estimated .97-acre parcel of land. Taco Cabana is subject to a 25-year Triple Net (NNN) lease, which commenced 7/7/2003. The current annual rent is $163,489 and has scheduled increases of 1.00% Annually.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$738 USD /SF

CAP RATE

6.81%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Cabana

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

CS, Austin

APN/PARCEL ID

372885

ASK ABOUT THIS PROPERTY

Cassandra MosserSurmountMore Info
480-339-4331

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Cassandra MosserSurmountMore Info
480-339-4331

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