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Max Freedman

 

Office Phone: 512-766-2711

 

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Published on: Saturday, April 18, 2015 10:16:11 AM
Updated on: Tuesday, April 21, 2015 12:20:33 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-California-41041

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 100%

Year Build: 0

 

Building Size: 12,337 SqFt

Lot Size: 1 Acre

No of Stories: 1

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: Yes

Property On Ground Lease: No

Building Status: Existing

 Details

Offer to Millionaire Club: No

Listing Summary: The Sands Investment Group is a commercial real estate brokerage firm thaat specializes in buying and selling net lease properties for individuals and institutions throughout the United States.  With a reputation for client-focused, red-carpet service, SIG has rapidly distinguished itself as a preeminent brokerage company in the industry. Leveraging a partnership with KW Commercial, SIG has a presence in 42 states and boasts 28 agents—and growing.  The results speak for themselves: More than 600 transactions; $240 million in current listings; and $2.1 billion in sales.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 6

Commission Split (%): 0

Complete Details


Year Build: 0

Building Size: 12,337 SqFt.

No of Stories: 1

Total Lot Area: 1.48 Acre

No of Parking: 0

No of Total Units: 1

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: Yes

Business Price Included?: No

Roofing: Not Specified

Occupancy: 100%

Full Description


Sands Investment Group is pleased to exclusively offer for sale a single tenant triple net leased 7-Eleven in Austin, TX. This service store/gas station location is in Travis County Texas. Austin is the 11th most populous city in the United States and this location boasts a population of almost 188,000 residents within a 5-mile radius. The new construction 7-Eleven consists of a 3,000 SF building on a 68,825 SF lot on the NW corner of Dessau Rd. and Howard Lane. There is a 15 Year NNN Lease in place with minimal landlord responsibility and 10% rent increases every 5 years.

Additional Properties


Property Highlights
  • Single Tenant NNN Lease with ~15 Years Remaining
  • Three 5-Year Options to Renew
  • 10% Rental Increases at Each Option
  • Dollar General is Publicly Traded on the NYSE:DG
  • Brand New Construction
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