Restaurant

NNN Restaurant (Austin MSA)

109 E Front St, Hutto, TX 78634

Listing Price: $1,475,000

Cap Rate
6.51%
Tenant Name
Hippo Cafe
Years Remaining On Lease
3.0
Guarantor
Personal Guarantee
Rentable SF
4,056
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$23.67

Investment Overview

Marcus & Millichap is please to offer Hippo Café. Located off of FM 79 with a strong traffic count of 35,871 VPD and strong demographics with an average household income of $133,250 within 5-miles of the site. The subject property is located a half of a mile from the Hutto High School and the Co-Op District which features tenants including; Hutto City Hall, Southside Market (BBQ) and Flix Brewhouse.

Investment Highlights

  • NNN Lease - No Landlord Responsibilities
  • 3.5-Years Remaining on Initial 5-Year Term with Option to Renew for Additional 5-Years
  • Tenant is Local Entrepreneur with Strong Net Worth and Commitment to Growth
  • All Rents Were Paid Throughout COVID-19 Even During Temporary Shutdown

Exclusively Listed By

Restaurant

NNN Restaurant (Austin MSA)

Listing Price: $1,475,000

Cap Rate
6.51%
Tenant Name
Hippo Cafe
Years Remaining On Lease
3.0
Guarantor
Personal Guarantee
Rentable SF
4,056
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$23.67

Investment Highlights

  • NNN Lease - No Landlord Responsibilities
  • 3.5-Years Remaining on Initial 5-Year Term with Option to Renew for Additional 5-Years
  • Tenant is Local Entrepreneur with Strong Net Worth and Commitment to Growth
  • All Rents Were Paid Throughout COVID-19 Even During Temporary Shutdown

Investment Overview

Marcus & Millichap is please to offer Hippo Café. Located off of FM 79 with a strong traffic count of 35,871 VPD and strong demographics with an average household income of $133,250 within 5-miles of the site. The subject property is located a half of a mile from the Hutto High School and the Co-Op District which features tenants including; Hutto City Hall, Southside Market (BBQ) and Flix Brewhouse.

Exclusively Listed By

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