7101 E William Cannon Dr - Car Washes FOR SALE
Austin, TX 78744 |
7101 E William Cannon Dr
Austin, TX 78744
HIGHLIGHTS
- 20 Year Absolute Net Lease (Zero Landlord Obligations) featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options.
- Brand New High Quality Construction with Top of the Line Equipment. Fully Automated Car Wash System. Low Rent / Small Price Point.
- Merger Creates the Largest Independent Car Wash Operator in Texas and Top 15 in the Nation.
- Part of Easton Park Master Planned Community.
- Service-Based, Internet Resistant, and Recession-Proof Investment Poised for Long-Term Success.
- Densely Populated and Affluent Area: Average Household Income of $120k+ w/in a 1-Mile Radius and 164k_ People Residing w/in a 5-Mile Radius.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
ABS. NET 20-YR CAR WASH | #1 TEXAS OPERATOR
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Car Washes
TOTAL BUILDING SIZE
4954
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2025
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
1.56 AC AC
LAND SF
67,954 SF
ZONING
-
APN/PARCEL ID
952454
