1800 East Slaughter Lane
Austin, TX
Price:
$8,900,950
Cap Rate:
4.15%
NOI:
$369,389
Building Size:
Approx. 6,400 Sq. Ft.
Lot Size:
Approx. 1.59 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built / Renovated:
2015 / 2020
Investment Overview
- 2020 Renovation. 6,400+/- SF Building on 1.59+/- Acre Site
- Approx. 13 Yrs left on Abs. NNN Lease w/ 10% Rent Bumps Every 5 Yrs. Starts Yr 11
- 7-Eleven (S&P A Credit Rating) | Largest Retailer in the World
- Subject Property Just 2 Miles East of I-35 (240K VPD)
- Across from Goodnight Ranch Mixed-Use Development (Over 700 Acres)
- Within a 6 Min. Drive from SouthPark Meadows Mixed-Use Development
- Austin | Fastest Growing MSA in the Nation | MSA Population: 2.29 Million+