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Restaurant

Mr. Gatti's Pizza

7525 E Hwy 290, Austin, TX 78723

Listing Price: $1,467,000

Cap Rate
6.00%
Tenant Name
Mr. Gatti's Pizza
Years Remaining On Lease
8.2
Gross SF
1,610
Guarantor
Franchisee Guarantee
Rentable SF
1,610
Price/Gross SF
$911.18
Lease Type
Absolute Net
Rent Per Square Feet
$54.66

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Mr. Gatti's Pizza in Austin, Texas. The property consists of a 1610-square-foot, freestanding building that sits on approximately 0.47 acres of land. There are 8.2 years remaining on the lease with 10 percent rental increases every five years.

Investment Highlights

  • Absolute Net Lease with 8.2 Years Remaining
  • 10 Percent Rent Increases Every Five Years
  • Prime Highway 290 (70,869 VPD) Frontage in High-Traffic Corridor
  • Tenant has Been Operating at This Location for More Than 18 Years
  • More Than 333,048 Residents Within a Five-Mile Radius

Exclusively Listed By

Restaurant

Mr. Gatti's Pizza

Listing Price: $1,467,000

Cap Rate
6.00%
Tenant Name
Mr. Gatti's Pizza
Years Remaining On Lease
8.2
Gross SF
1,610
Guarantor
Franchisee Guarantee
Rentable SF
1,610
Price/Gross SF
$911.18
Lease Type
Absolute Net
Rent Per Square Feet
$54.66

Investment Highlights

  • Absolute Net Lease with 8.2 Years Remaining
  • 10 Percent Rent Increases Every Five Years
  • Prime Highway 290 (70,869 VPD) Frontage in High-Traffic Corridor
  • Tenant has Been Operating at This Location for More Than 18 Years
  • More Than 333,048 Residents Within a Five-Mile Radius

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Mr. Gatti's Pizza in Austin, Texas. The property consists of a 1610-square-foot, freestanding building that sits on approximately 0.47 acres of land. There are 8.2 years remaining on the lease with 10 percent rental increases every five years.

Exclusively Listed By

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