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32290863
32290872

18225 State Highway 71, Austin, TX 78738 For Sale

BB
TX 429729-B, AL 112662
CBRE - Austin
LR
TX 609717-SA
CBRE - Austin
DR
TX 545841
CBRE - Houston Galleria
MB
TX 09958674
CBRE - Houston Galleria
RK
TX 09487632, TX 299995
CBRE - Houston Galleria
JC
TX 788064
CBRE Group Inc.
CBRE - Austin
Listed by CBRE - Austin, CBRE - Houston Galleria, CBRE Group Inc.
$10,500,000
75 days on market
Updated 54 days ago

Sweetwater Retail Center

Details
APN 01279001560000, 01279001570000
Property Type Retail
Sub Type Shopping Center
Square Footage 17,979
Units 72
Cap Rate 6.20%
NOI $650,005
Occupancy 100%
Tenancy Multi
Class A
Year Built 2024
Acreage 2.900
Parking Spaces 72 spaces
Parking per 1,000 SqFt 4.00
Investment Type Stabilized
Ground Lease No

Retail | 6.20% CAP | 17,979 SqFt

Marketing description

Class A Retail Center | $280K Household Incomes | $1M Home Values | 30% Population Growth

Investment highlights

  • New Class A Premium Construction
  • Lengthy Lease Terms with Built in Growth
  • Nationally Recognized Anchor Tenant
  • Complementary, Service-Oriented Tenant Mix with High Retention Characteristics
  • Attractive Mix of Established Brands & Creative New Concepts with Growth Trajectories
  • Unmatched Affluency & Growth Metrics

Listing Contacts

BB
TX 429729-B, AL 112662
CBRE - Austin
LR
TX 609717-SA
CBRE - Austin
DR
TX 545841
CBRE - Houston Galleria
MB
TX 09958674
CBRE - Houston Galleria
RK
TX 09487632, TX 299995
CBRE - Houston Galleria
JC
TX 788064
CBRE Group Inc.
CBRE - Austin
Listed by CBRE - Austin, CBRE - Houston Galleria, CBRE Group Inc.

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$650,005.00
$54,167.08/mo

Valuation Metrics

0
DSCR
6.19%
Cap Rate
6.19%
ROI

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Additional Information

Name
Bradley Bailey
License
429729-B
Brokerage
CBRE
Name
Logan Reichle
License
609717-SA
Brokerage
CBRE
Name
Drew Reinking
License
545841
Brokerage
CBRE inc.
Brokerage Phone
7132350895
Title
Broker
Brokerage Address
2800 Post Oak Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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