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407 E 6th St
Austin, TX 78701
The Library · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease | 4+ Years Remaining on a 10-Year Lease | Plus Options to Renew
  • Tenant Operates 5+ Bars on 6th Street | Personal Guarantee from Tenant on Lease
  • Annual Household Income Exceeds $139,000 Within One-Mile Radius
  • Current Net Operating Income is $244,140 with Annual CPI Escalations
  • 34.5 Percent Increase in Population within One-Mile of the Site (2010-2020)

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
8,192 SF
Building Class
B
Year Built/Renovated
1875/1980
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.88
Lot Size
0.10 AC
Zoning
CBD-H
Frontage
30’ on E 6th St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
194522
Land Assessment
$1,689,600
Improvements Assessment
$1,060,400
Total Assessment
$2,750,000
  • Listing ID: 24033175

  • Date on Market: 9/3/2021

  • Last Updated:

  • Address: 407 E 6th St, Austin, TX 78701

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