POLLO CAMPERO | 15 YEAR ABSOLUTE NET LEASE
2,500 SF | Retail Building | Austin, TX 78748 | $3,523,810 ($1,410/SF) | 5.25% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,523,810
- Property Type
-
Retail, Restaurant
- Square Feet
- 2,500 SF
- Price / Square Foot
- $1,410
Listing Contacts
Alvin Mansour
Verified Profile
Jon Talia
Verified Profile
- Property Info
Property Overview
New High Quality Construction | Directly Across Major Shopping Center | Near Signalized Intersection | Immediate Access to Interstate-35 | Strong Daytime Employment Area - Densely Populated & Affluent Location | Austin Currently Ranks as the Fastest Growing Metro out of the 50 Largest U.S. Metros | Epicenter of Activity
Property Details
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Freestanding, Storefront
- Lot Size (sq. ft)
- 55,321 SF
Highlights
- 15 Year Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Strong Daytime Employment Area - Surrounded by Numerous Established Corporate HQ’s, Business Parks, Regional Office Spaces, Distribution Centers, etc.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $95k and 233k+ People Residing within a 5-Mile Radius.
- Directly Across Southpark Meadows - a 1M+ Sq.Ft. Shopping Center anchored by Walmart, Super Target, Petsmart, Ulta Beauty, Old Navy, and more.
- Positioned Along Area’s Major Traffic & Retail Corridor. Features Easy Access & Excellent Visibility near a Signalized Intersection.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics.
Nearby Properties
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