Whataburger Austin, TX Relocation of Older Store 1700 East Oltorf Street, Austin, TX Cap Rate 3.63% Austin County ( Texas, US ) Built

$4,270,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

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  • Type: Commercial
  • Style: Commercial
  • Size: 5,130 sq. ft.
  • Development Level: Built
  • Lot Size: 34865 sq. ft.

Description

Whataburger Austin, TX Relocation of Older Store 1700 East Oltorf Street, Austin, TX Cap Rate 3.63%

Cap Rate 3.63%
NOI $155,000
Building Size 5,130 sqft
Lot Area 34,865 sqft
Occupancy 100%
ClassA
Lease Type Absolute Net
Year Built 2020
Tenancy Single
Parking Spots 83

Price: $4,270,000 USD

DESCRIPTION

The subject site, 1700 E. Oltorf Street, is approximately 0.5 miles to St Edwards University (approximately 4,620 students), 1.25 miles to Oracle’s new $1B+ Austin corporate campus (3,000 current employees with construction underway to allow for a total of 5,000 employees), 2.1 miles to downtown Austin, approximately 3.25 miles to The University of Texas, and approximately four miles to Austin-Bergstrom International Airport.

HIGHLIGHTS

• Whataburger Store Relocation To This Site
• New 15 Year Lease
• Dense Infill Location
• Over 284,000 People Within 5 Miles

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#436102138
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Information is deemed to be correct but not guaranteed.