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Taco Palenque 13201 Ranch Road 620 N 3,260 SF Retail Building Austin, TX 78717 $3,547,826 ($1,088.29/SF) 5.75% Cap Rate
Investment Highlights
- Long-term corporate guarantee backed by a successful operator with strong sales history.
- 19 years remaining on a 20-year term providing a secure income stream through 2044.
- Absolute NNN lease with no landlord responsibilities.
- High-performing tenant that’s a recognized regional brand with steady growth.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,260 SF
Building Class
C
Year Built/Renovated
2000/2009
Price
$3,547,826
Price Per SF
$1,088.29
Cap Rate
5.75%
NOI
$204,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.82 AC
Parking
30 Spaces (9.2 Spaces per 1,000 SF Leased)
Frontage
200’ on Ranch Road 620 N
Nearby Major Retailers
Property Taxes
| Parcel Number | R562521 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,930,237 |
Property Taxes
Parcel Number
R562521
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,930,237
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Taco Palenque | 13201 Ranch Road 620 N
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