6004 FM 969
Austin, TX
Price:
$10,412,500
Cap Rate:
4.00%
NOI:
$416,500
Building Size:
Approx. 7,000 Sq. Ft.
Lot Size:
Approx. 1.27 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built / Renovated:
2015 / 2018
Investment Overview
- 2018 Renovation. 7,000+/- SF Building on 1.27+/- Acre Site
- 11.5 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases
- Ideal 1031 Replacement Property Qualifying for Bonus Depreciation
- Excellent Hard Corner Location at Highway Intersection FM 969 & US-183 (108K VPD)
- Near H-E-B, Family Dollar, Dollar General, Subway, Walgreens, Citi Trends
- Subject Property Directly Across from East Austin College Prep
- Austin | Capital of Texas | Population: 964,000+