Taco Cabana
Retail | 6.81% CAP
Marketing description
Surmount is pleased to present the exclusive listing for a Taco Cabana located at 6430 South Interstate 35 Frontage Road, Austin, TX 78745. The site consists of roughly 3,253 rentable square feet of building space on an estimated .97-acre parcel of land. Taco Cabana is subject to a 25-year Triple Net (NNN) lease, which commenced 7/7/2003. The current annual rent is $163,489 and has scheduled increases of 1.00% Annually.
Investment highlights
Healthy Store Sales | Investors will benefit from a strong performing location. Please contact listing agent for more details.
Income Tax Free State | Texas has no personal income tax and no corporate income tax making this an ideal investment for those looking for a strong business climate.
Absolute Net Lease | Fee Simple ownership with Zero Landlord Responsibilities and 1.00% annual increases.
Hard Corner Location | Located directly along the signalized corner of William Cannon Dr and I-35 Frontage Rd.
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