Taco Shack

Taco Shack

Austin, TX

Austin, TX

Taco Shack

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Taco Shack in Northlake, TX. The property consists of a 1,018-square-foot, freestanding building that sits on approximately 0.68 acres of land. There are 3.6 years remaining on the lease with an approx. 8% rental increase in year 6.

Price $1,055,000
Cap Rate 5.03%
Building Size 1,018 sqft
Lot Size 0.68 acres
Year Built 1996
Offering Memorandum

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633

Joseph Blanga

Senior Associate
(512) 338-7833
Joseph.Blanga@marcusmillichap.com
License: TX 736919
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Absolute Net Lease with 3.6 Years Remaining
  • More Than 316,798 Residents and an Average Household Income of $101,561 (Five-Mile Radius)
  • Near the Signalized Hard Corner of West Parmer Lane and Metric Boulevard (75,077 VPD)
  • Daytime Population Increases by 34% with 427,115 Employees (Five-Mile Radius)

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633

Joseph Blanga

Senior Associate
(512) 338-7833
Joseph.Blanga@marcusmillichap.com
License: TX 736919
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