San Clemente at Davenport
3600 North Capital of Texas Highway, Austin, TX, 78746, US
2 957 mètres carrés
Description de l'actif
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the Buffalo Wild Wings (“BWW”) located at 13000 North I-35 in Austin, Texas (“Property” or “Asset”). BWW is operating on an absolute NNN lease with zero landlord responsibilities, ±7.9 years of primary lease term remaining, 1.50% annual rent escalations in the primary term and 10.0% escalations every 5-years in the two, five-year renewal options.
Located in the rapidly developing Austin Tech Ridge Corridor in northeast Austin, Buffalo Wild Wings is at the dominant intersection of I-35 and Parmer Lane with visibility to over 200,000 vehicles per day. The area is a hub for companies like Dell, General Motors, Apple, and 3M, and includes areas like The Business Center at TechRidge and Tech Ridge Collection.
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Attributs
Prix demandé
5 554 000 $
Taux de capitalisation
6,75 %
RNI
375 000 $
WAULT
7.9 années
Superficie du bâtiment nette
580 mètres carrés
Superficie du terrain brute
0,49 ha
Média
Points forts de l'investissement
- Operating on an absolute NNN lease with ±7.9 years of primary lease term remaining and 1.50% annual escalations
- Outparcel to Shops at Tech Ridge shopping center with 3.6 million visits annually
- Buffalo Wild Wings is the largest sports bar brand with average unit volume of $3.3 million
- Strong demand characteristics driven by 1-mile AHHI of $113K
- Adjacent to 425-acre EastVillage master-planned community
- Dense commercial corridor with direct visibility to 200,000 VPD
Contactez les courtiers
Buffalo Wild Wings - Austin, TX (0 Propriétés)
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Dernière mise à jour
25 avr. 2025
