Retail Space /TX /Travis County /Austin /9705 Menchaca Rd
Retail Space /TX /Travis County /Austin /9705 Menchaca Rd

9705 Menchaca Rd - Freestanding FOR SALE


Austin, TX 78748- South Austin | 
$3,383,000 USD
480-221-4221
9705 Menchaca Rd, Austin, TX for Sale
$3,383,000 USD
Freestanding - FOR SALE
1/6
null | 5.35% Cap Rate
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9705 Menchaca Rd
Austin, TX 78748
South Austin

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HIGHLIGHTS

  • Corporate Signed Lease | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Tanglewood Village Shopping Center | Southpark Meadows |Dense Retail Corridor
  • Strong Demographics In The Immediate Trade Area

OVERVIEW

• Taco Cabana corporate signed lease • 5 years remaining with 2 (5-year) option periods to extend • The lease features 11.4% rental increases at the beginning of each option period

FOR SALE DETAILS

PRICE

$3,383,000 USD

PRICE/SF

$1,052 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Cabana | Abs NNN Corporate Signed Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

GR-CO

APN/PARCEL ID

430699

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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