2401 Ranch Road 620 S | Austin, TX 78738
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- LoopNet Team
2401 Ranch Road 620 S
Austin, TX 78738
Austin MSA | $8.04M | Affluent HH Income · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STABLE INCOME - Income guaranteed by Walgreens Corporation with over 8,900 locations.
- AUSTIN-ROUND ROCK MSA LOCATION - The property is located 18 mi NW of downtown Austin. Major employers in Austin include 3M, Amazon, Apple, & Google.
- HIGH TRAFFIC COUNTS OF 87K+ VPD - Located at the corner of Ranch Rd 620 (±50,521 VPD) & Lohmans Spur Rd (±37,271 VPD), totaling ±87,792 VPD.
- NEW LEASE EXTENSION W 10.5 YRS - ±10 yrs of primary lease term remaining on abs net lease & ten (5-yr) options with no landlord responsibilities.
- 1 MI FROM BAYLOR SCOTT & WHITE MEDICAL CTR - Located 1 mile north of Baylor Scott & White Medical Center, a full-service, 106-bed hospital.
- ACROSS FROM CVS & LIMITED DRUGSTORE COMPETITION – This store is directly across from a CVS and is 1 of 2 drugstores in a 3-mi radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,357 SF
Building Class
C
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
4.10 AC
Parking
75 Spaces (5.18 Spaces per 1,000 SF Leased)
AMENITIES
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 495333 | Improvements Assessment | $3,063,657 |
| Land Assessment | $2,453,299 | Total Assessment | $5,516,956 |
PROPERTY TAXES
Parcel Number
495333
Land Assessment
$2,453,299
Improvements Assessment
$3,063,657
Total Assessment
$5,516,956
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