Bone Daddy’s Absolute NNN Lease Investment 11617 Research Boulevard, Austin, TX Cap Rate 6% Austin ( Texas, US ) Built

$4,400,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 7,661 sq. ft.
  • Development Level: Built
  • Lot Size: 1.7 acres
  • Year Built: 2001

Description

Bone Daddy’s Absolute NNN Lease Investment 11617 Research Boulevard, Austin, TX Cap Rate 6%

Cap Rate: 6%
NOI: $264,000
Building Size: 7,661 sqft
Lot Area: 1.7 acres
Lease Type: Absolute Net
Year Built: 2001
Roof & Structure: Tenant’s Responsibility

DESCRIPTION
Featuring killer BBQ, ice cold drinks, attentive and engaging service, and a “Can’t Get Anywhere Else” experience, Bone Daddy’s is a Texas smokehouse barbecue chain. The first Bone Daddy’s opened in Dallas in 2000 and has since opened additional locations in Arlington, Grapevine, Denton, Austin, and Lubbock. Besides serving mind-blowing meats, Bone Daddy’s is dedicated to supporting staff members and the surrounding community.

Bone Daddy’s menu includes classics such as Smokin’ Tailpipes, smoked brisket and pork, jalapeno, corn, onion and peppers wrapped and deep fried, The Flying Pig Sandwich, pulled pork, link sausage, smoky bacon and maple glazed ham all together on one bun, and 1-3 meat platters with a choice of meat and sides.

Bone Daddy’s enjoys one of the lowest employee turnover rates in the industry by listening to and meeting the needs of its employees. The company also supports many organizations around its communities, including Dress for Success, Susan G. Komen for the Cure, local schools, and much more.

HIGHLIGHTS
• 16 Years Remaining on Absolute Triple-Net (NNN) Lease
• 10% Rental Increases Every 5 Years
• 264,571 Residents in Growing Trade Area - Infill Austin
• Minutes from Apple’s New $1 Billion Campus - Expected to Employ 15,000 People and Make Apple the Largest Private Employer in Austin (See page 7 for more details)
• Adjacent to Hilton Garden Inn
• Close Proximity to Apple’s Corporate Austin Offices (6,200 Employees
• Surrounded by Major National Retailers - Outback Steakhouse, IHOP, Carrabba’s Italian Grill, and More
• Excellent Location Along US Highway 183 (182,135+ Cars/Day)
• 12 Miles to Downtown Austin
• Strong Daytime Population - 321,013 Employees within a 5-Mile Radius

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

P2#439293662
top
Information is deemed to be correct but not guaranteed.