Listed by Sands Investment Group Austin
$3,873,239
DAM-A Korean Hotpot & BBQ - Austin, TX (7.10% CAP - ABS NNN)
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 6,324
Cap Rate 7.1%
NOI $275,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dam-a Korean Hotpot & Bbq
Lease Type Absolute NNN
Lease Term 10
Remaining Term 10
Rent Bumps Yes
Lease Options 4 x 5 Year Options
Price per SqFt $612
Year Built 1994
Buildings 1
Acreage 1.250
Investment Type Net Lease
Ground Lease No
Sale Condition Sale for leaseback
Austin, TX - ABS NNN | 7.10% CAP Korean BBQ | Brand New 10-Year Lease | Off I-35 (200K+ VPD)
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 6,324 SF DAM-A Korean Hotpot & BBQ located at 713 E Huntland Drive in Austin, Texas. The offering features a brand-new 10-year Absolute Triple Net (NNN) sale-leaseback commencing at closing, providing long-term, passive cash flow. The tenant has invested in renovations, demonstrating a strong commitment to the location and its long-term success. The lease includes 10% rent increases every five years, offering built-in inflation protection and consistent return growth.
Investment highlights
- Long-Term 10-Year Abs. NNN Sale-Leaseback: The property features a brand new 10-year lease term upon closing, providing an investor with long-term passive cash flow.
- Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities: This is an Absolute Triple Net (NNN) Lease where the landlord has zero responsibilities, offering a maintenance-free investment for a passive owner.
- Significant Tenant Investment in Property: The tenant has invested approximately $500,000 in renovations, demonstrating a strong commitment to this location and its long-term success.
- Hedge Against Inflation with Attractive Rent Increases: The lease features 10% rental increases every five years, providing a strong hedge against inflation and consistent growth in returns.
- High-Growth Experiential Dining Concept: DAM-A Korean Hotpot & BBQ is part of the rapidly expanding Korean BBQ and hot pot dining segment, which has seen explosive growth driven by consumer demand for authentic, communal, and experiential dining.
- Located in #1 U.S. Boomtown – Austin, TX: Austin is consistently ranked as one of the fastest-growing metropolitan areas in the United States, with a booming economy, a rapidly expanding population, and a thriving tech sector, ensuring long-term real estate appreciation.
- Affluent & Dense Demographics: The surrounding area boasts a dense and affluent population, with over 161,998 daytime employees within a 3-mile radius, an average household income exceeding $104,582, and $2.1 billion in annual retail spending, providing a robust and captive customer base for the tenant.
- Excellent Visibility & High-Traffic Corridor: The property is strategically located with excellent visibility and frontage on Huntland Drive, just off the major thoroughfares of I-35 and US-183, which experience significant daily traffic counts.
- Strong Real Estate Fundamentals: The property sits on a large 1.25-acre lot and features a spacious 6,324 SF building, providing significant intrinsic value and future development potential.
- Thriving Asian Retail Corridor: The property is situated within a vibrant and growing Asian retail corridor, with major anchors like 99 Ranch Market and Han Yang Market, creating a regional draw and significant cross-traffic.
- Surrounded by National & Regional Retailers: The property is surrounded by a host of national and regional retailers, restaurants, and hotels, including Burlington, Academy Sports + Outdoors, Pappadeaux, Pappasito's Cantina, Target, and Walmart, driving traffic to the area and creating strong retail synergy
Listing Contacts
Listed by Sands Investment Group Austin
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$275,000.00
$22,916.67/mo
Valuation Metrics
0
DSCR
7.1%
Cap Rate
7.1%
ROI
Map
Zoning
CS-MU-V-NP PlannedGeneral Commercial Services Mixed Use Vertical Mixed Use Building Neighborhood Plan
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View all 169 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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