1701 E Parmer Ln | Austin, TX 78754
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1701 E Parmer Ln
Austin, TX 78754
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- TERM REMAINING (8.00 YEARS) - Primary Term expires January 31, 2032. CVS has operated from this location since 2006.
- HIGH-PERFORMING STORE WITH DRIVE THRU PHARMACY IN AUSTIN’S HIGH-GROWTH TECH RIDGE CORRIDOR
- STRONG DEMOGRAPHICS
- ABSOLUTE NET BOND LEASE - No Landlord Responsibilities.
- EXCELLENT LOCATION – CENTRAL AUSTIN
- CORPORATE GUARANTEE - The lease is corporately guaranteed by CVS Health Corporation.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
12,298 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.51 AC
Parking
75 Spaces (6.1 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 478048 | Improvements Assessment | $5,318,395 |
| Land Assessment | $1,310,800 | Total Assessment | $6,629,195 |
PROPERTY TAXES
Parcel Number
478048
Land Assessment
$1,310,800
Improvements Assessment
$5,318,395
Total Assessment
$6,629,195
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