6721 S Congress Ave
Austin, TX 78745
Walgreens | Austin, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease: Passive income — no landlord responsibilities | Dense Austin Demos: 3-mile pop exceeding 141,000; Daytime pop of 42,000+
- Located Along Iconic S Congress Ave, at the Signalized Intersection of William Cannon Drive
- Austin, TX: State Capital; 10th Largest City in the US; 4th Largest City in Texas | UT Austin: One of the largest US universities w 50,000+ students
- Exceptional Real Estate Fundamentals: 2.07-acre parcel that sits amid two signalized intersections
- I-35: Less than a half-mile away with over 191,900 cars | 6 Miles from Downtown Austin | 9 Miles From Austin-Bergstrom Int. Airport (AUS)
- Projected to Grow by Nearly 28% by 2030 | Home to Multiple Fortune 500 Companies: 3M, Dell, AMD, Amazon, Apple, Meta, Google, Tesla, and more
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,650 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.07 AC
Zoning
GR, Austin
Parking
70 Spaces (5.13 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 335878 | Improvements Assessment | $3,997,944 |
| Land Assessment | $1,800,056 | Total Assessment | $5,798,000 |
