6721 S Congress Ave - Drug Store FOR SALE


Austin, TX 78745- South Austin
$5,572,469 USD
747-877-2564
6721 S Congress Ave, Austin, TX for Sale
$5,572,469 USD
Drug Store - FOR SALE
1/4
null | 7.25% Cap Rate

6721 S Congress Ave
Austin, TX 78745
South Austin


HIGHLIGHTS

  • Limited Pharmacy Competition – The trade area benefits from limited pharmacy competition, with Walgreens serving as the only major national drugstore
  • Austin Light Rail Expansion – Austin’s planned Orange Line extension to Congress Avenue and William Cannon Drive
  • High Traffic Counts & Visibility – The property offers outstanding visibility and access along major transportation corridors

OVERVIEW

Broker of Record Patrick Graham License # 528005, 9005919 (TX) Matthews Real Estate Investment Services, Inc 2699 Howell St., Suite 400, Dallas, TX 75204 (866) 889-0550

FOR SALE DETAILS

PRICE

$5,572,469 USD

PRICE/SF

$408 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,169 SF

ZONING

GR, Austin

APN/PARCEL ID

335878

ASK ABOUT THIS PROPERTY

Seri BryantMatthews Real Estate Investment ServicesMore Info
747-877-2564

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Seri BryantMatthews Real Estate Investment ServicesMore Info
747-877-2564

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