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Restaurant

Taco Shack

12439 Metric Blvd, Austin, TX 78758

Listing Price: $1,055,000

Cap Rate
5.03%
Tenant Name
Taco Shack
Years Remaining On Lease
3.5
Gross SF
1,018
Guarantor
Personal Guarantee
Rentable SF
1,018
Price/Gross SF
$1,036.35
Lease Type
Absolute Net
Rent Per Square Feet
$52.14

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Taco Shack in Northlake, TX. The property consists of a 1,018-square-foot, freestanding building that sits on approximately 0.68 acres of land. There are 3.6 years remaining on the lease with an approx. 8% rental increase in year 6.

Investment Highlights

  • Absolute Net Lease with 3.6 Years Remaining
  • More Than 316,798 Residents and an Average Household Income of $101,561 (Five-Mile Radius)
  • Near the Signalized Hard Corner of West Parmer Lane and Metric Boulevard (75,077 VPD)
  • Daytime Population Increases by 34% with 427,115 Employees (Five-Mile Radius)

Exclusively Listed By

Restaurant

Taco Shack

Listing Price: $1,055,000

Cap Rate
5.03%
Tenant Name
Taco Shack
Years Remaining On Lease
3.5
Gross SF
1,018
Guarantor
Personal Guarantee
Rentable SF
1,018
Price/Gross SF
$1,036.35
Lease Type
Absolute Net
Rent Per Square Feet
$52.14

Investment Highlights

  • Absolute Net Lease with 3.6 Years Remaining
  • More Than 316,798 Residents and an Average Household Income of $101,561 (Five-Mile Radius)
  • Near the Signalized Hard Corner of West Parmer Lane and Metric Boulevard (75,077 VPD)
  • Daytime Population Increases by 34% with 427,115 Employees (Five-Mile Radius)

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Taco Shack in Northlake, TX. The property consists of a 1,018-square-foot, freestanding building that sits on approximately 0.68 acres of land. There are 3.6 years remaining on the lease with an approx. 8% rental increase in year 6.

Exclusively Listed By

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