11219 Ranch Road 2222 | Austin, TX 78730
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- LoopNet Team
11219 Ranch Road 2222
Austin, TX 78730
Jiffy Lube · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong rental increases - 10% every five years including through option periods.
- 14 Years Remaining on a Triple Net (NNN) Franchisee Backed Lease With Zero Landlord Responsibilities
- Affluent Demographics - Population of Over 88,547 Residents With an Average Household Income of $162,158 Within a 5-Mile Radius
- Dense infill area with high traffic counts - a combined VPD of over 85,126 at the corner of RR 2222 and FM 620.
- Team Car Care (FKA Heartland Automotive Services II, Inc.) is the Largest Franchisee in the Jiffy Lube Franchise Network
- Irreplaceable Location - in 2018, U.S. News & World Report Named Austin the #1 Place to Live in the U.S.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,521 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.87 AC
Zoning
GC
Parking
5 Spaces (1.98 Spaces per 1,000 SF Leased)
Frontage
117’ on Ranch Road 2222
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 565447 | Improvements Assessment | $671,857 |
| Land Assessment | $1,144,740 | Total Assessment | $1,816,597 |
PROPERTY TAXES
Parcel Number
565447
Land Assessment
$1,144,740
Improvements Assessment
$671,857
Total Assessment
$1,816,597
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