713 Huntland Dr - Restaurant FOR SALE


Austin, TX 78752- Highland
$4,000,000 USD
512-768-0380
713 Huntland Dr, Austin, TX for Sale
$4,000,000 USD
Restaurant - FOR SALE
1/5
null | 7% Cap Rate

713 Huntland Dr
Austin, TX 78752
Highland


HIGHLIGHTS

  • The property features a brand new 10-year lease term upon closing, providing an investor with long-term passive cash flow.
  • This is a Double Net (NN) Lease where the landlord is only responsible for the roof, offering a low-maintenance investment for a passive owner.
  • The tenant has invested approximately $500,000 in renovations, demonstrating a strong commitment to this location and its long-term success.
  • The lease features 10% rental increases every five years, providing a strong hedge against inflation and consistent growth in returns.
  • DAM-A Korean Hotpot & BBQ is part of the rapidly expanding Korean BBQ and hot pot dining segment.
  • Austin is consistently ranked as one of the fastest-growing metropolitan areas in the United States, with a booming economy.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 6,324 SF DAM-A Korean Hotpot & BBQ located at 713 E Huntland Drive in Austin, Texas. The offering features a brand-new 10-year sale-leaseback commencing at closing, providing long-term, passive cash flow. The tenant has invested in renovations, demonstrating a strong commitment to the location and its long-term success. The lease includes 10% rent increases every five years, offering built-in inflation protection and consistent return growth. In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706b BoR: Max Freedman - Lic. TX #644481

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$633 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DAM-A Korean Hotpot & BBQ - Austin, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

-

APN/PARCEL ID

911335

ASK ABOUT THIS PROPERTY

Jordan MulloySands Investment Group Austin, LLCMore Info
512-768-0380

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Jordan MulloySands Investment Group Austin, LLCMore Info
512-768-0380

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