The Y @ 71 and Jack Allen's Kitchen 2 Retail Properties Offered at $7,180,000 in Austin, TX
INVESTMENT HIGHLIGHTS
- Two-Building Retail Investment Opportunity in Austin
- High-Traffic Highway 71 location; $674 Million "The Y" interchange project to ease & increase traffic upon 2026 completion
- $160,000 Average Household Income and 129,000 people within 5 miles
- Desirable Austin, Texas location
EXECUTIVE SUMMARY
2 Building Investment Opportunity | Below Market Rents; 100% Occupancy | 4.87% Rate Assumable Financing
- 100% internet-resistant tenant mix
- Below-market rents: 100% occupancy
- All tenants have renewed or signed new leases since 2023
- CPI and fixed increases hedge against inflation
- 8.5-Year WALT (Weighted Average Lease Term) providing stable income
- 100% internet-resistant tenant mix
- Below-market rents: 100% occupancy
- All tenants have renewed or signed new leases since 2023
- CPI and fixed increases hedge against inflation
- 8.5-Year WALT (Weighted Average Lease Term) providing stable income
PROPERTY FACTS
| Price | $7,180,000 |
| Price / SF | $482.07 / SF |
| Cap Rate | 6.50% |
| Sale Type | Investment NNN |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 14,894 SF |
| Total Land Area | 2.14 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
The Y @ 71
7626 W Highway 71, Austin, TX 78735 |
Retail | 5,699 SF | 1999 | - |
|
Jack Allen's Kitchen
7720 W Highway 71, Austin, TX 78735 |
Retail | 9,195 SF | 2001 | - |
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CONTACTS
-
Garrett
Wood
-
Lee
Csenar
-
Scott
Reid
