Advance Auto Parts Hutto, TX

440 Chris Kelley Boulevard
Hutto, TX

Price: $2,933,304
Cap Rate: 5.75%
NOI: $168,665
Building Size: Approx. 7,000 Sq. Ft.
Lot Size: Approx. 0.75 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Parts
Year Built: 2022

Investment Overview

  • 2023 Construction. 7,000+/- SF Building on 0.75+/- Acre Site
  • Brand New 15 Year NNN Lease w/ 5% Rent Bump in Year 10 & 10% Rent Bumps Every 5 Yrs. in Option Periods
  • Subject Property is Located off Chris Kelley Blvd (23,680 VPD) & I-79 (33,000 VPD)
  • Anchor Tenants Include Lowe’s & Home Depot. Near Other National Retailers Including McDonald’s, Taco Bell, Chipotle, & More.
  • New $24B Samsung Semi-Conductor Plant Near Property – Operational in Second Half of 2024 – Creating Over 2,000 Jobs
  • Advance Auto Parts is One of the Largest Auto Stores in U.S. w/ Over $16B in Revenue & Over 112,000 Employees
  • Hutto  |  One of the Fastest Growing Suburbs in Austin |  Award Winning School Districts & Affordable Housing

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