Restaurant
15 Year Absolute Net Lease Global QSR Chain | Infill Austin | New Construction
166 W Slaughter Ln, Austin, TX 78748
Listing Price: $3,895,000
Investment Overview
Austin is the capital city of the U.S. state of Texas, as well as the seat and largest city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 11th-most populous city in the United States, the fourth-most-populous city in Texas, and the second-most-populous state capital city (after Phoenix, Arizona). It has been one of the fastest growing large cities in the United States since 2010. Austin is the southernmost state capital in the contiguous United States and is considered a “Beta -” global city as categorized by the Globalization and World Cities Research Network. Emerging from a strong economic focus on government and education, since the 1990s Austin has become a center for technology and business. A number of Fortune 500 companies have headquarters or regional offices in Austin, including 3M, Advanced Micro Devices (AMD), Amazon, Apple, Facebook, NXP semiconductors, Google, IBM, Intel, Oracle, Texas Instruments, and Whole Foods Market. Dell’s worldwide headquarters is located in the nearby suburb of Round Rock. With regard to education, Austin is the home of the University of Texas at Austin, which is one of the largest universities in the U.S. and is attended by over 50,000 students.
15 Year Absolute Net Lease Global QSR Chain | Infill Austin | New Construction
Investment Highlights
- 15 Year Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New Construction Featuring a Drive-Thru.
- Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access & Excellent Visibility near a Signalized Intersection w/ Daily Combined Traffic Counts Exceeding 41k Vehicles.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $95k and 233k+ People Residing within a 5-Mile Radius.
- Strong Daytime Employment Area - Surrounded by Numerous Established Corporate HQ's, Business Parks, Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants. Large Base of Employees within Walking Distance or a Short Drive.
- Minutes from Austin-Bergstrom International Airport - third busiest in Texas, after Dallas/Fort Worth and Houston–Intercontinental, as well as the 28th busiest airport in the United States.
- Directly Across Southpark Meadows - a 1M+ Sq.Ft. Shopping Center anchored by Walmart, Super Target, Petsmart, Ulta Beauty, Old Navy, Party City, Marshalls, Hobby Lobby, Ross, Best Buy, Office Max and more.
- The Site Benefits from its Close Proximity to Downtown Austin - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction. Austin Currently Ranks as the Fastest Growing Metro out of the 50 Largest U.S. Metros, and has an Unemployment Rate of 3.5%. The City also has become a Center for Technology and Business.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By
Restaurant
15 Year Absolute Net Lease Global QSR Chain | Infill Austin | New Construction
Listing Price: $3,895,000
Investment Highlights
- 15 Year Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New Construction Featuring a Drive-Thru.
- Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access & Excellent Visibility near a Signalized Intersection w/ Daily Combined Traffic Counts Exceeding 41k Vehicles.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $95k and 233k+ People Residing within a 5-Mile Radius.
- Strong Daytime Employment Area - Surrounded by Numerous Established Corporate HQ's, Business Parks, Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants. Large Base of Employees within Walking Distance or a Short Drive.
- Minutes from Austin-Bergstrom International Airport - third busiest in Texas, after Dallas/Fort Worth and Houston–Intercontinental, as well as the 28th busiest airport in the United States.
- Directly Across Southpark Meadows - a 1M+ Sq.Ft. Shopping Center anchored by Walmart, Super Target, Petsmart, Ulta Beauty, Old Navy, Party City, Marshalls, Hobby Lobby, Ross, Best Buy, Office Max and more.
- The Site Benefits from its Close Proximity to Downtown Austin - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction. Austin Currently Ranks as the Fastest Growing Metro out of the 50 Largest U.S. Metros, and has an Unemployment Rate of 3.5%. The City also has become a Center for Technology and Business.
Investment Overview
Austin is the capital city of the U.S. state of Texas, as well as the seat and largest city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 11th-most populous city in the United States, the fourth-most-populous city in Texas, and the second-most-populous state capital city (after Phoenix, Arizona). It has been one of the fastest growing large cities in the United States since 2010. Austin is the southernmost state capital in the contiguous United States and is considered a “Beta -” global city as categorized by the Globalization and World Cities Research Network. Emerging from a strong economic focus on government and education, since the 1990s Austin has become a center for technology and business. A number of Fortune 500 companies have headquarters or regional offices in Austin, including 3M, Advanced Micro Devices (AMD), Amazon, Apple, Facebook, NXP semiconductors, Google, IBM, Intel, Oracle, Texas Instruments, and Whole Foods Market. Dell’s worldwide headquarters is located in the nearby suburb of Round Rock. With regard to education, Austin is the home of the University of Texas at Austin, which is one of the largest universities in the U.S. and is attended by over 50,000 students.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By
