11643 Research Blvd | Austin, TX 78759
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- LoopNet Team
11643 Research Blvd
Austin, TX 78759
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Top-Rated Tenant: 7-Eleven has investment-grade credit, rated ‘A’ by Standard and Poor’s.
- NNN Property: Tenants pay their share of CAM, Taxes and Insurance.
- High Traffic Counts: 139,000+ vehicles per day on Highway 183.
- Iconic Brand: 78,000+ Locations Worldwide, 9,400+ in the United States, headquartered in Dallas, TX.
- Long Term Lease: 7-Eleven just renewed for a brand new 15-year lease and IVape is starting on a brand new 5-year lease.
- Hedge Against Inflation: Built in rental increases - 10% every 5 years from 7-Eleven and 3% annually from IVape.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,650 SF
Building Class
C
Year Built
1982
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.61 AC
Zoning
F1-48
Parking
8 Spaces (2.19 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Freeway Visibility
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 478321 | Improvements Assessment | $576,815 |
| Land Assessment | $798,455 | Total Assessment | $1,375,270 |
PROPERTY TAXES
Parcel Number
478321
Land Assessment
$798,455
Improvements Assessment
$576,815
Total Assessment
$1,375,270
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