AT&T | Potbelly | Blaze Pizza Austin, TX

14009 Research Blvd
Austin, TX

Price: $7110000
Cap Rate: 5.75%
NOI: $408,850
Building Size: Approx. 9800 Sq. Ft.
Lot Size: Approx. 1.43 Acres
Type: Multi-Tenant / Retail
Sub Category: Cell Store
Year Built: 2015

Investment Overview

  • 2015 Construction | 9,800+/- SF Building on 1.43+/- Acre Site
  • New 10-Yr Leases began December 2015 w/ Rent Bumps after Yr-5
  • Located along Research Blvd, an access road to HWY 183 (115,783 VPD)
  • Target Outparcel | Near Home Depot, Sam’s Club, Walgreens, Starbucks
  • Across Lakeline Mall (1.1 Million SF) | 9-Miles SW of Lake Travis (2.8 Million Ann. Visitors)
  • Area Attractions: SXSW | F1 Racing Track | Lake Austin | 6TH Street Bars | State Capital
  • Austin consistently is ranked #1 by Forbes as “Biggest Boom Towns in the U.S”
  • 5-Mile Radius: 2015 Estimated Pop: 192,562 l  3-Mile Average HH Income:  $88,377
  • Austin – Round Rock – San Marcos (MSA): Fastest growing Metro in U.S| Pop: 1,769,952

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