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Single-Tenant Office Medical

Access Health Urgent Care w/ Annual Rent Increases | Austin MSA | Long Term Absolute Net Lease

13140 W State Hwy 29, Liberty Hill (Austin MSA), TX 78642

Listing Price: $2,367,000

Cap Rate
6.00%
Tenant Name
Access Health Urgent Care
Years Remaining On Lease
13.9
Gross SF
3,003
Guarantor
Corporate Guarantee
Rentable SF
3,003
Price/Gross SF
$788.21
Lease Type
Absolute Net
Rent Per Square Feet
$47.29

Investment Overview

Liberty Hill is a growing community located in Williamson County, Texas situated just north of Leander and west of Georgetown in the northern segment of the exploding Austin Metroplex and one of the fastest growing counties in the country. The recent expansion of Highway 183 to State Highway 29 has opened up a gateway of growth from Austin to Liberty Hill. Commuters can now benefit from the Leander Capital MetroRail station less than 8 miles away, a mass transit system which carries thousands of passengers a day as far as downtown Austin. With a highly rated school district, Liberty Hill ISD has attracted single family developers to meet the growing demand. The area offers reasonably priced real estate, affordable cost of living and a familyfriendly atmosphere with homes and developments backed by the solid reputation of nationally known builders and developers. With over 9,200 total future residential planned within the Liberty Hill ISD perimeters, the anticipation of an accelerated population growth is simultaneous with other Austin suburbs. 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.

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring Annual Rental Increases Starting in 2025 throughout the Initial Term and CPI Adjustments at the Options.
  • Brand New 2023 Construction. Positioned Near Area's Retail & Traffic Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 29k Vehicles. Near US-183.
  • In Addition to Several Recently Completed Communities in Liberty Hill there are more than 9,200 Plotted Lots Approved w/in the Liberty Hill ISD Boundaries. Median New Home Prices are Averaging $329k.
  • 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 one of 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.
  • Affluent Area: Features an Average Household Income of more than $129k (Twice the National Average) within a 5-Mile Radius.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s) TX: 0606255

    Texas

Financing By

Single-Tenant Office Medical

Access Health Urgent Care w/ Annual Rent Increases | Austin MSA | Long Term Absolute Net Lease

Listing Price: $2,367,000

Cap Rate
6.00%
Tenant Name
Access Health Urgent Care
Years Remaining On Lease
13.9
Gross SF
3,003
Guarantor
Corporate Guarantee
Rentable SF
3,003
Price/Gross SF
$788.21
Lease Type
Absolute Net
Rent Per Square Feet
$47.29

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring Annual Rental Increases Starting in 2025 throughout the Initial Term and CPI Adjustments at the Options.
  • Brand New 2023 Construction. Positioned Near Area's Retail & Traffic Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 29k Vehicles. Near US-183.
  • In Addition to Several Recently Completed Communities in Liberty Hill there are more than 9,200 Plotted Lots Approved w/in the Liberty Hill ISD Boundaries. Median New Home Prices are Averaging $329k.
  • 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 one of 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.
  • Affluent Area: Features an Average Household Income of more than $129k (Twice the National Average) within a 5-Mile Radius.

Investment Overview

Liberty Hill is a growing community located in Williamson County, Texas situated just north of Leander and west of Georgetown in the northern segment of the exploding Austin Metroplex and one of the fastest growing counties in the country. The recent expansion of Highway 183 to State Highway 29 has opened up a gateway of growth from Austin to Liberty Hill. Commuters can now benefit from the Leander Capital MetroRail station less than 8 miles away, a mass transit system which carries thousands of passengers a day as far as downtown Austin. With a highly rated school district, Liberty Hill ISD has attracted single family developers to meet the growing demand. The area offers reasonably priced real estate, affordable cost of living and a familyfriendly atmosphere with homes and developments backed by the solid reputation of nationally known builders and developers. With over 9,200 total future residential planned within the Liberty Hill ISD perimeters, the anticipation of an accelerated population growth is simultaneous with other Austin suburbs. 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.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

Financing By

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