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11426 N FM 620
Austin, TX 78726
JIFFY LUBE · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,541 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.01 AC
Parking
6 Spaces (2.36 Spaces per 1,000 SF Leased)
Frontage
124’ on N FM 620

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign

ABOUT 11426 N FM 620 , AUSTIN, TX 78726

JIFFY LUBE, an existing freestanding one story single tenant building containing approximately 4,073 SF of Gross Building Area. The building is constructed of smooth and split faced concrete block and contains 1 head-in and 3 drive-thru service bays. The building is 100% leased to HEARTLAND AUTOMOTIVE SERVICES, INC. on a twenty (20) year NNN lease with over 8 years remaining. The lease is absolute triple net with all expenses paid by the Tenant. The base rent increases by 10% every 5 years. The next increase will occur in approximately 3 years. The site is located on the north side of RR 620, just west of the Anderson Mill Road intersection in northwest Austin. Ranch Road 620 is a major east/west commercial artery. Major retailers in the immediate area include: HEB Grocery, Chase Bank, Starbucks, Sonic, 7-Eleven, Wendy' s, Wells Fargo, Panda Express, Compass Bank, Advance Auto Parts, Bank of America, Sprint, UHaul, Jersey Mike's Papa Johns, Great Clips and more!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
498471
Land Assessment
$552,663
Improvements Assessment
$714,010
Total Assessment
$1,266,673
  • Listing ID: 4814827

  • Date on Market: 11/4/2016

  • Last Updated:

  • Address: 11426 N FM 620, Austin, TX 78726

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