$3.3M For Sale- Austin- Single Tenant Verizon Site (5 Years Remaining on Lease)

·          FOR SALE: Single Tenant Verizon Site

·         5207 Brodie Lane, Austin, TX 

·         MapLink: http://goo.gl/maps/xSnf8

·         Price: 6.5% Cap Rate = $3,350,769

o   Based on Net Operating Income (NOI) of: $217,800/year

·         Single Tenant, Verizon Lease- Corporate (not franchise)

·         Hard  corner of Kohl’s anchored power center, south of downtown Austin—Brodie Lane & Ben White

o   Located in Sunset Valley Shopping Center, with other tenants such as:

§  Kohls, BJs Brewhouse, Longhorn Steakhouse, Docs Bar & Grill, Babies R Us, Dickey’s BBQ

·         5 Years Remaining on Lease.

·         This is a fully NNN lease. The tenant pays all expenses such as property tax, insurance & maintenance.

 

 

(actual site photo)

 

 

 

	Jim Young KW Commercial 512-565-7509 jimyoung@kwcommercial.com My Experience-Team Profile
1801 Mopac, Suite 100, Austin, TX 78746

 

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