6501 Airport Blvd
Austin, TX
Price:
$2695000
Cap Rate:
5.50%
NOI:
$148,200
Building Size:
Approx. 4509 Sq. Ft.
Lot Size:
Approx. 0.73 Acres
Type:
Multi-Tenant / Retail
Sub Category:
Bank / Financial
Year Built / Renovated:
1993 / 2014
Investment Overview
- Wells Fargo | NYSE: WFC | $1.6 trillion in assets
- T-Mobile | 4TH largest mobile service provider in the US | 33.6 million customers
- Extensive Remodel in 2014 | 4,509+/- SF Building on .73+/- Acre Site
- Along Airport Blvd (23,000 Cars / Day), N of US 290 (83,364 Cars), & W of I-35 (205,000 Cars)
- Outparcel to Highland Mall (575,334 SF) | Near The University of Texas at Austin (50,000 Students)
- Near Walmart, McDonald’s, Whataburger, Sonic, Panda Express, 7-Eleven, Buffalo Wild Wings, & Gold’s Gym
- 20-Min NW from Austin-Bergstrom International Airport | 12-Min N of Downtown Austin (Governor’s Mansion)
- 43% of Adults in the City of Austin held college degrees | 5-Mile Average Household Income: $73,368
- Greater Austin (MSA): 34TH largest in the US | Population: 1,900,000