2821 W Whitestone Blvd
Cedar Park, TX 78613
QuikTrip · Retail Property For Sale

PROPERTY HIGHLIGHTS - Brand New Construction Corporate Sale-Leaseback — Brand new 15-year Absolute NNN Lease - High-Quality Development — 2019 Generation 3 QuikTrip Store - Scheduled Rental Increases — Lease features Ten (10) Five (5) Year Options with fixed rental increases that provide a major hedge against inflation - Ideal 1031 Exchange Property — Offers a potential investor a very passive net lease investment - Offered For Sale At Development Cost — The property is being sold at development cost, not to make a profit, like most net leased investment opportunities. This provides an additional layer of security for a future landlord as the tenant is not assigning a rent that is unsustainable to make a profit on the sale. - Accelerated Depreciation Opportunity – Subject property gives a future landlord the ability to utilize accelerated depreciation to receive significantly higher after-tax cash flow on this property than other net lease investments (See page 7) LOCATION HIGHLIGHTS - Top MSA (Austin, TX) — Corner location in the fastest-growing large city in the country in Austin, TX. - Top Austin Submarket — Cedar Park was recently ranked in as the #6 top city for families in the entire country - Robust Population Growth — Population within a 3-mile radius has grown 33.44% over the last 8 years and is expected to grow an additional 17.00% over the next 5 years - Affluent Demographics — Average Incomes within a 3-mile radius is $113,382 - Strategic Highway Intersection Location — The property has been strategically built on the intersection of Whitestone (FM 1431) and New Hope Dr, two of the main thoroughfares through Austin. - Ideally Positioned Highway Access — Property is situated on FM 1431 which becomes RM 1431 and serves as the main access point to Austin, Texas f rom rural areas of Central Texas. - Major Retail Corridor Access Point — Store is situated on street that directly leads to city’s main retail corridor which features a lineup of national tenants such as Walmart, Target, Costco, The Home Depot, HEB Grocery, Academy Sports, Hobby Lobby, McDonald’s, Wendy’s, and USPS, amongst many others. TENANT HIGHLIGHTS - 12th Largest Convenience Store Chain — QuikTrip is one of the fastest growing convenience store chains in the country and currently operates 780+ stores across multiple states. - 28th Largest Private Company — QuikTrip was recently ranked by Forbes as the 28th largest private company with over $11 Billion in Revenue. - Private Credit Rating of NAIC2 — Equivalent to S&P BBB+ (Investment Grade Credit) - Top Tier Retailer — First gas retailer to earn a “Top Tier” rating f rom GM, BMW, Honda, VW, Audi, & Toyota