1712 South Colorado Street
Lockhart, TX
Price:
$943,459
Cap Rate:
6.25%
NOI:
$58,966
Building Size:
Approx. 1,843 Sq. Ft.
Lot Size:
Approx. 0.57 Acres
Type:
Single-Tenant / Retail
Sub Category:
Retailer
Year Built:
2003
Investment Overview
- 2003 Construction. 1,843+/- SF Building on 0.57+/- Acre Site
- Open and Operating | 3+ Years Remaining on Original 5 Year Absolute NNN Lease
- Excellent Signalized, Hard Corner Location at the Intersection of County Rd 220 & S Colorado St (22K VPD)
- Shadow-Anchored by Walmart Supercenter and Near Whataburger, Family Dollar, Dollar Tree, & More
- Lockhart is Located Within the Austin MSA, One of the Largest MSAs in Texas
- Verizon (S&P BBB+) is a Quickly Growing Tenant and Reported Over $136B in Revenue in 2022
- Lockhart | Barbecue Capital of Texas | Population: 14,500+
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