Listed by SRS Real Estate Partners Newport Beach
$3,017,000
Taco Cabana | Austin TX
Details
APN 428211102
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,216
Cap Rate 6%
NOI $181,000
Tenancy Single
Brand/Tenant Taco Cabana
Lease Type Absolute NNN
Lease Term 30
Lease Expiration 12/30/2030
Remaining Term 4.6
Rent Bumps Yes
Lease Options 2 (5-Year)
Year Built 1997
Acreage 1.000
Zoning GR-CO
Parking Spaces 56 spaces
Parking Per SqFt 17.41
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 12/29/2000
Ownership Fee Simple (Land & Building Ownership)
Retail | 6.00% CAP | 3,216 SqFt
Investment highlights
Corporate Signed Lease | Options To Extend | Scheduled Rental Increases
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Tanglewood Village Shopping Center | Southpark Meadows |Dense Retail Corridor
Strong Demographics In The Immediate Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$181,000.00
$15,083.33/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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