Prime North Austin Commercial Real Estate Investment Opportunity with 10-Year Starbucks Lease and 8% Annual Rent Appreciation for the next 5 Years.
An exceptional, high-potential commercial real estate investment opportunity has emerged in North Austin, featuring a brand new property that was delivered in 2022. Located near the new Samsung factory. The developer has secured a ten-year long-term lease, with an 8% annual rent appreciation for 5 years with the world famous coffee chain Starbucks. With a robust $125k NOI annually, this property commands a monthly rent of $10,417 at a purchase price of $2.5 M.
Commercial Space：1950 SF
Lot Size：0.85 AC
Tenant：Starbucks
Lease Term：10-Year
Monthly Rent：$10,417
Net Operating Income：$125,000
5-Year Rent Appreciation：8%
Purchase Price：$2,500,000
Given the property’s prime location and esteemed tenant, it has garnered significant interest from potential investors. Don’t miss out on this opportunity – contact us today!
Yi Meggie Mei | Commercial Leasing and Sales
(512) 298-1899
