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Shopping Strip

12200 Research Retail Center

12200 Research Blvd, Austin, TX 78759

Listing Price: $2,900,000

Cap Rate
5.90%
Gross SF
5,970
Rentable SF
5,970
Price/Gross SF
$485.76
Lot Size
1.10 acres
Year Built
1995

Investment Overview

Marcus & Millichap is pleased to present 12200 Research Boulevard, a 5,950 square foot multi-tenant retail center located in the northwest submarket of Austin, Texas. 12200 Research Boulevard is situated on a 1.1 acre lot facing the frontage road of US Highway 183 (Research Boulevard), a major artery of Austin which boasts a daily vehicle count of 147,809 (TxDot). The property offers two points of ingress and egress off of the highway frontage road and Pavilion Boulevard, which make access easy for the drive-thru Dunkin’ Donuts, as well as to the ample parking space for all of the tenants’ customers. 12200 Research Boulevard is a currently 100% occupied with good performing tenants servicing triple-net (NNN) leases. The two restaurants on the end caps (drive thru Dunkin’ Donuts and One Taco) have been long-term operators at the center, establishing a consistent flow of customer activity on a continual basis. The center also further benefits from a percentage of gross sales agreement with one of the top performing Dunkin’ Donuts locations in Austin. 12200 Research Boulevard is a stabilized asset that can see further long term upside and appreciation with yearover year rent growth and demand in one of the most desirable investment metros in the nation.

Investment Highlights

  • 100% Occupied
  • NNN Leases
  • Located Along a Major Artery of Austin (US 183)
  • Percentage of Sales Agreement with a Top Performing Dunkin' Donuts
  • Low Landlord Responsibility
  • Easy Access with High Visibility
  • History of Strong Performing Tenants

Exclusively Listed By

Shopping Strip

12200 Research Retail Center

Listing Price: $2,900,000

Cap Rate
5.90%
Gross SF
5,970
Rentable SF
5,970
Price/Gross SF
$485.76
Lot Size
1.10 acres
Year Built
1995

Investment Highlights

  • 100% Occupied
  • NNN Leases
  • Located Along a Major Artery of Austin (US 183)
  • Percentage of Sales Agreement with a Top Performing Dunkin' Donuts
  • Low Landlord Responsibility
  • Easy Access with High Visibility
  • History of Strong Performing Tenants

Investment Overview

Marcus & Millichap is pleased to present 12200 Research Boulevard, a 5,950 square foot multi-tenant retail center located in the northwest submarket of Austin, Texas. 12200 Research Boulevard is situated on a 1.1 acre lot facing the frontage road of US Highway 183 (Research Boulevard), a major artery of Austin which boasts a daily vehicle count of 147,809 (TxDot). The property offers two points of ingress and egress off of the highway frontage road and Pavilion Boulevard, which make access easy for the drive-thru Dunkin’ Donuts, as well as to the ample parking space for all of the tenants’ customers. 12200 Research Boulevard is a currently 100% occupied with good performing tenants servicing triple-net (NNN) leases. The two restaurants on the end caps (drive thru Dunkin’ Donuts and One Taco) have been long-term operators at the center, establishing a consistent flow of customer activity on a continual basis. The center also further benefits from a percentage of gross sales agreement with one of the top performing Dunkin’ Donuts locations in Austin. 12200 Research Boulevard is a stabilized asset that can see further long term upside and appreciation with yearover year rent growth and demand in one of the most desirable investment metros in the nation.

Exclusively Listed By

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