500 Parker Dr, Austin, TX 78728

3,887 SF | Retail Building | Austin, TX 78728 | For Sale

Property Type: Retail, Restaurant
Square Feet: 3,887 SF

Listing Contacts

Dedy Tando

Verified Profile

Property Info

Property Overview

Price Improved and 2-Year Rent Guarantee! Cashflow investment, expansion or covered land play. Single tenant NNN restaurant building leased up till Dec 2025, with option to extend another four years. Tenant put in more than $500k of build-out and additions. Restaurant building has a drive-thru that is currently unused. Tenant pays all utilities and maintenance. Approximately 3/4 acre lot next to it ready for development. Zoned C-1 General Commercial. Electric and water available on lot. Located at busy hub of North Austin and Round Rock, across from La Frontera on the other side of 45 toll.

Property Details

Class: B
Year Built: 2001
Stories: 1
Property Subtype: Other Restaurants, Freestanding
Lot Size (sq. ft): 76,666 SF

Highlights

Sale includes vacant lot ready to build, with utilities available
Leased till 2025 with option to renew another 4 years
Located approximately half a mile from the intersection of I-35 and TX-45
Restaurant building has a drive-thru that is currently unused

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