Historical Retail Sale Listing - Reagan Square

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Reagan Square

6305 Cameron Rd, Austin, TX 78723

N/A

45,556 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
45,556 SF
Property Type:
Retail
Property Sub-type:
Community Center
Property Use Type:
Vacant/Owner-User
Cap Rate:
8%
No. Stories:
1
Year Built:
1975
Lot Size:
4.90 AC
Listing ID
14360549
Last Updated
over 1 year ago

Highlights

  • City Market just renew the lease til 2011
  • U.S Dollar store at location over 15 yrs
  • Cap rate will increase from 8.22% to 8.8% starting Jan 2007
  • Blockbuster Just Renew Lease
  • City Market Grocery Store at location over 12 yrs
  • Long Term Tenants/ Rent below market value

Description

Great Community Shopping Center. 100 % Occupancy! Long Term Tenants. Tenants including City Market Grocery Store, Blockbuster, Pizza Hut, Affordable Denture, USA Dollar, World Finance, and etc.

East 290 Interesection of Cameron Rd.

City Market just Renew lease till 2011 rent increase. Starting Jan 2007 the rent increase from 5.50 sqft to 7.00 sqft annual (Approx 24K annual rent increase starting Jan 1, 2007). Cap rate will increase to 8.32% starting Jan 2007.

Map of 6305 Cameron Rd, Austin, TX 78723 (Travis County)

Research for 6305 Cameron Rd, Austin, TX 78723 (Travis County)

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Created 10/6/2005