5000 West Slaughter Lane
Austin, TX
Price:
$6,346,000
Cap Rate:
4.65%
NOI:
$295,089
Building Size:
Approx. 3,042 Sq. Ft.
Lot Size:
Approx. 1.11 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2019
Investment Overview
- 2019 Construction. 3,042+/- SF Building on 1.11+/- Acre Site
- 15 Year NNN Corp Lease w/ 10% Rent Bumps After Year 10
- Located along Slaughter Ln (42K VPD) and Sendera Mesa Ln
- First C-Store / Gas in trade area | Just E of Loop 1 (71K VPD)
- Surrounded by New Apartment Complexes, Schools, and Retail
- Near H-E-B, Jiffy Lube, Advance Auto, Starbucks, Whataburger
- Across Alamo Draft House Cinema | 2-Miles S of Shops @ Arbor Trail
- 10-Miles SW of Downtown Austin | 3Rd Fastest Growing City in U.S
- Austin is the NEW Tech Hub w/ Skill Base fed by University of Texas
- Major Employers: Dell Corp, IBM Corp, Apple, Whole Foods, H-E-B
- 3-Mile Estimated Population: 86,432 | AVG HH Income: $121,983
- Austin – Round Rock – San Marcos (MSA) | Population: 2,168,316+