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DAM-A Korean Hotpot & BBQ - Austin, TX 713 Huntland Dr 6,324 SF Retail Building Austin, TX 78752 $4,000,000 ($632.51/SF) 7% Cap Rate
Investment Highlights
- The property features a brand new 10-year lease term upon closing, providing an investor with long-term passive cash flow.
- The tenant has invested approximately $500,000 in renovations, demonstrating a strong commitment to this location and its long-term success.
- DAM-A Korean Hotpot & BBQ is part of the rapidly expanding Korean BBQ and hot pot dining segment.
- This is an Absolute Triple Net (NNN) Lease where the landlord has zero responsibilities. Offering a hands off investment for a passive owner.
- The lease features 10% rental increases every five years, providing a strong hedge against inflation and consistent growth in returns.
- Austin is consistently ranked as one of the fastest-growing metropolitan areas in the United States, with a booming economy.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 6,324 SF DAM-A Korean Hotpot & BBQ located at 713 E Huntland Drive in Austin, Texas. The offering features a brand-new 10-year Absolute Triple Net (NNN) sale-leaseback commencing at closing, providing long-term, passive cash flow. The tenant has invested in renovations, demonstrating a strong commitment to the location and its long-term success. The lease includes 10% rent increases every five years, offering built-in inflation protection and consistent return growth.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706b BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706b BoR: Max Freedman - Lic. TX #644481
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
6,324 SF
Building Class
B
Year Built
1994
Price
$4,000,000
Price Per SF
$632.51
Cap Rate
7%
NOI
$280,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.25 AC
Parking
50 Spaces (9.18 Spaces per 1,000 SF Leased)
Frontage
168’ on Huntland Dr
Amenities
- Freeway Visibility
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dam-a Korean Hotpot & Bbq
- Accommodation and Food Services
- 6,324 SF
- $44.28
- Double Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dam-a Korean Hotpot & Bbq | Accommodation and Food Services | 6,324 SF | $44.28 | Double Net | - |
Bike Score®
Very Bikeable (79)
Nearby Major Retailers
Property Taxes
| Parcel Number | 911335 | Improvements Assessment | $1,882,892 |
| Land Assessment | $1,089,300 | Total Assessment | $2,972,192 |
Property Taxes
Parcel Number
911335
Land Assessment
$1,089,300
Improvements Assessment
$1,882,892
Total Assessment
$2,972,192
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DAM-A Korean Hotpot & BBQ - Austin, TX | 713 Huntland Dr
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