This Retail Property is Off-Market.

6305 Cameron Rd
Austin, TX 78723 ·

45,556 SF · Retail For Sale

N/A

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Reagan Square

Price N/A Cap Rate 8%
Gross Leasable Area 45,556 SF No. Stories 1
Property Type Retail Year Built 1975
Property Sub-type Community Center Lot Size 4.90 AC
Property Use Type Vacant/Owner-User
Listing ID: 14360549 Date Created: 10/06/2005 Last Updated: 10/30/2006

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.

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

Research

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

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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