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1801 Clover Ln - Splash Shack Lease-Back Investment Sale 9,310 SF Sports & Entertainment Building Offered at $2,900,000 at a 8% Cap Rate in Cedar Park, TX 78613
Investment Highlights
- 1801 Clover Lane spans 10,580 square feet and is currently used for indoor playground purposes with upstairs office space.
- Strategically located by the signalized intersection of New Hope Drive and Bagdad Road with regional detention.
- Features include tall ceilings, loading capabilities, 3-phase power, and all utilities on the property.
- Located next to the indoor water park, Splash Shack, perfect for showroom, flex, or office space uses.
Executive Summary
1801 Clover Lane presents a 10,580-square-foot indoor playground facility with an upstairs office spanning 1,500 square feet. The building features 100% new HVAC units (Building - Seresco NP-035: 36 tons (Office & Restrooms) and two LG 2.5 tons), a ceiling height of 35 feet, one overhead door for loading, a 3-phase power supply, LED lighting, a metal roof, and five restrooms. It features a patented design that is completely enclosed and doesn’t leak. This leaseback investment opportunity is presented with zero landlord responsibility on a 10-year NNN lease with 10% rent increases every five years. This is a fee simple investment.
Property Facts
About 1801 CLOVER LN , CEDAR PARK, TX 78613
1801 Clover Lane presents a 10,580-square-foot indoor playground facility with an upstairs office spanning 1,500 square feet. The building features 100% new HVAC units (Building - Seresco NP-035: 36 tons (Office & Restrooms) and two LG 2.5 tons), a ceiling height of 35 feet, one overhead door for loading, a 3-phase power supply, LED lighting, a metal roof, and five restrooms. It features a patented design that is completely enclosed and doesn’t leak. This leaseback investment opportunity is presented with zero landlord responsibility on a 10-year NNN lease with 10% rent increases every 5 years. This is a fee simple investment.
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Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R559576 | Improvements Assessment | $1,359,600 |
| Land Assessment | $1,299,338 | Total Assessment | $2,658,938 |
Property Taxes
Parcel Number
R559576
Land Assessment
$1,299,338
Improvements Assessment
$1,359,600
Total Assessment
$2,658,938
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