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11720 Ranch Road 620 N
Cedar Park, TX 78613
AutoZone 15 Year Absolute NNN Lease (Austin) · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
5,520 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.15 AC
Zoning
GB - General Business
Parking
31 Spaces (5.78 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Air Conditioning
About 11720 RANCH ROAD 620 N , CEDAR PARK, TX 78613
This is the unique opportunity to purchase a corporately guaranteed AutoZone asset with a newly executed absolute NNN lease in Cedar Park (Austin), Texas. This is a new 15 year lease calling for zero landlord obligations. The tenant has four 5 year renewal options with 5% increases every five years including the option periods. The building is ideally located on a major retail thoroughfare. Neighboring tenants include Walgreens, Wendy’s, 7-Eleven, and many others. This is an ideal opportunity for a passive investor looking for a long-term stable investment.
Property Taxes
| Parcel Number | R364008 | Improvements Assessment | $1,897,856 |
| Land Assessment | $1,839,543 | Total Assessment | $3,737,399 |
Property Taxes
Parcel Number
R364008
Land Assessment
$1,839,543
Improvements Assessment
$1,897,856
Total Assessment
$3,737,399
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