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