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Nations Auto Glass - 15-Year Absolute NNN 12212 Ranch Road 620 N 1,672 SF Retail Building Austin, TX 78750 $1,944,000 ($1,162.68/SF) 6.25% Cap Rate
Investment Highlights
- 15-Year Absolute NNN Lease with 10% rent increases every 5 years; Newly Renovated Site – Currently open and operating
- Major infill retail corridor with strong national anchors including H-E-B, Lowe’s, Walmart, and more
- High-Growth Market: 5.1% 1-Mile annual growth projected through 2029; Strategic location with limited auto glass competition
- Irreplaceable location in high-growth Austin market; Strong demographics: 85,000+ Households with AHHI of $128,000+ (5 miles)
- Excellent Visibility: Frontage to 38,000+ VPD on FM 620; Immediate proximity to the 214,000 SF Lakeline Mall (Simon Property Group)
- Nations Auto Glass: National tenant operating in 5+ states with 19+ locations; 35+ year operating history
Executive Summary
Century Partners is pleased to offer the opportunity to acquire Nations Auto Glass, a well-located auto repair facility situated in the heart of Austin’s high-growth market. The property is secured by a 15-year absolute NNN lease featuring 10% rent increases every five years, providing investors with long-term, passive income and built-in rent growth.
The site boasts an excellent location at a seasoned site along FM 620, with immediate access to TX-183, one of the primary traffic drivers in Austin.
Surrounding retail is very strong, with multiple nearby tenants including H-E-B, Lowe’s, Walmart and more.
The site has been newly renovated and is currently open and operating, ensuring immediate cash flow with no deferred maintenance. Positioned in an irreplaceable location, the property benefits from exceptional market fundamentals and strong surrounding development activity.
The asset is further supported by outstanding demographics, with over 85,000 households within a five-mile radius and an average household income exceeding $128,000, reinforcing the long-term viability of the tenant and location.
The site boasts an excellent location at a seasoned site along FM 620, with immediate access to TX-183, one of the primary traffic drivers in Austin.
Surrounding retail is very strong, with multiple nearby tenants including H-E-B, Lowe’s, Walmart and more.
The site has been newly renovated and is currently open and operating, ensuring immediate cash flow with no deferred maintenance. Positioned in an irreplaceable location, the property benefits from exceptional market fundamentals and strong surrounding development activity.
The asset is further supported by outstanding demographics, with over 85,000 households within a five-mile radius and an average household income exceeding $128,000, reinforcing the long-term viability of the tenant and location.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
1,672 SF
Building Class
C
Year Built/Renovated
1996/2025
Price
$1,944,000
Price Per SF
$1,162.68
Cap Rate
6.25%
NOI
$121,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.32 AC
Zoning
Commercial
Parking
6 Spaces (3.59 Spaces per 1,000 SF Leased)
Frontage
78’ on Ranch Road 620
Amenities
- 24 Hour Access
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Nations Auto Glass
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Nations Auto Glass | Services | 99,999 SF | $9.99 | Lorem Ipsum | - |
Walk Score®
Very Walkable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | R330783 | Improvements Assessment | $304,557 |
| Land Assessment | $470,443 | Total Assessment | $775,000 |
Property Taxes
Parcel Number
R330783
Land Assessment
$470,443
Improvements Assessment
$304,557
Total Assessment
$775,000
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Nations Auto Glass - 15-Year Absolute NNN | 12212 Ranch Road 620 N
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