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Restaurant

Taco Shack

4000 N Lamar Blvd, Austin, TX 78756

Listing Price: Request For Offer

Tenant Name
Taco Shack
Years Remaining On Lease
2.1
Gross SF
1,463
Guarantor
Franchisee Guarantee
Rentable SF
1,463
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$29.62

Investment Overview

The subject property is an exceptionally well-located 5/6th interest in a QSR location currently leased out to Taco Shack in the heart of Austin, Texas. The property has two-plus years remaining on the lease with CPI rent bumps coming up in the options that will significantly increase an investor's return shortly after closing on the asset if the tenant opts to renew. Located on North Lamar Boulevard, this property sits smack in the middle of the city and presents investors with a unique opportunity to obtain a generational asset in a city where inventory is extremely tight. Sitting right across from Central Market at a signalized intersection, the property has access from both North Lamar and West 40th Street. The building sits on half an acre and features a built in drive thru and exceptional visibility.

Investment Highlights

  • Exceptionally Well-Located Taco Shack in Austin, Texas
  • Generational Real Estate with an Absolute Net Lease in place
  • Located Directly on North Lamar Boulevard, One of the Highest-Trafficked Roads in Austin

Exclusively Listed By

Restaurant

Taco Shack

Listing Price: Request For Offer

Tenant Name
Taco Shack
Years Remaining On Lease
2.1
Gross SF
1,463
Guarantor
Franchisee Guarantee
Rentable SF
1,463
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$29.62

Investment Highlights

  • Exceptionally Well-Located Taco Shack in Austin, Texas
  • Generational Real Estate with an Absolute Net Lease in place
  • Located Directly on North Lamar Boulevard, One of the Highest-Trafficked Roads in Austin

Investment Overview

The subject property is an exceptionally well-located 5/6th interest in a QSR location currently leased out to Taco Shack in the heart of Austin, Texas. The property has two-plus years remaining on the lease with CPI rent bumps coming up in the options that will significantly increase an investor's return shortly after closing on the asset if the tenant opts to renew. Located on North Lamar Boulevard, this property sits smack in the middle of the city and presents investors with a unique opportunity to obtain a generational asset in a city where inventory is extremely tight. Sitting right across from Central Market at a signalized intersection, the property has access from both North Lamar and West 40th Street. The building sits on half an acre and features a built in drive thru and exceptional visibility.

Exclusively Listed By

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