1911 North Bell
Austin (Cedar Park), TX 78613 ·
13,814 SF · Retail For Sale
CVS (Goodwill Sublease)
|Building Size||13,814 SF||Cap Rate||8%|
|Property Sub-type||Free Standing Bldg||Year Built||2004|
|Property Use Type||Net Lease Investment with 10+ years left on lease||Lot Size||1.98 AC|
|Listing ID: 15582790||Date Created: 02/26/2008||Last Updated: 09/10/2013|
Freestanding building located in fast growing Cedar Park (Austin Metro), Texas, completed in 2004 with over 10 years left on the initial lease to CVS Pharmacy, Inc., with (4) five-year options. The property was subleased to Goodwill Industries of Central Texas under a ten year lease commencing 3/06, with options to be coterminous with the CVS lease.
Cedar Park (Austin Metro), Texas, Prime hard corner location along U.S. 183 (Bell Blvd) with traffic counts +30,000 N/S. Located in the path of growth with major new retail and residential developments nearby and a new hospital and a new event center completed in the last few years. Population count is over 118,000 in 5 mile radius and has grown over 1000% in the last 22 years. Cedar Park boasts a very low 4.7% unemployment rate and strong housing and employment growth.
- NNN lease in Tax Free State
- New Public Improvements Create A Prime Corner Location
- Stable Income Stream with 10 + years Remaining on the Intitial Term
- Excellent 1031 Property
- One of Highest Areas of Population Growth in the U.S. +1000% over 22 years
1911 North Bell, Austin (Cedar Park), TX 78613
Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property
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