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TEXAS MEDCLINIC URGENT CARE | ABS. NNN LEASE 101 Leffingwell Ln

3,003 SF Retail Building Burnet, TX 78611 $3,221,201 CAD ($1,073 CAD/SF) 6% Cap Rate

Retail Buildings Texas Burnet 101 Leffingwell Ln, Burnet, TX 78611

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring Annual Rental Increases throughout the Initial Term and CPI Adjustments.
  • Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
  • Greater Austin Ranks as one of the Fastest Growing out of the 50 Largest U.S. Metros, and has an Unemployment Rate of 3.5%.
  • Positioned near Area’s Retail & Traffic Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 17k Vehicles.
  • In Close Proximity to Numerous Schools including Burnet High School, Quest High School, Burnet Middle School, R J Richey Elementary and more.
  • Access Health (now Texas MedClinic) was recently acquired by Community Care Partners (100+ Units). Strong Corporate Backing on Subject Property Lease.

Executive Summary

Texas MedClinic Urgent Care | Long Term Abs. Net Lease | Annual Rental Increases | Brand New Construction | Minutes from Numerous Schools and Airport | Immediate Area Experiencing Major Growth - Austin Ranked one of the Fastest Growing Metro in the Nation

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,003 SF
Building Class
B
Year Built
2022
Price
$3,221,201 CAD
Price Per SF
$1,073 CAD
Cap Rate
6%
NOI
$193,272 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.58 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning

Links

1 of 1

Nearby Major Retailers

H-E-B
Starbucks
Cadence Bank
Frost Bank
Jazzercise

PROPERTY TAXES

Parcel Number 70692 Improvements Assessment $762,234 CAD
Land Assessment $426,390 CAD Total Assessment $1,188,623 CAD

PROPERTY TAXES

Parcel Number
70692
Land Assessment
$426,390 CAD
Improvements Assessment
$762,234 CAD
Total Assessment
$1,188,623 CAD
(858) 373-3184

Contacts

  • Listing ID: 33449874

  • Date on Market: 2024-10-08

  • Last Updated:

  • Address: 101 Leffingwell Ln, Burnet, TX 78611

The Retail Property at 101 Leffingwell Ln, Burnet, TX 78611 is currently available for sale. Contact The Mansour Group of Marcus & Millichap for more information.

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TEXAS MEDCLINIC URGENT CARE | ABS. NNN LEASE | 101 Leffingwell Ln
(858) 373-3184 x

TEXAS MEDCLINIC URGENT CARE | ABS. NNN LEASE | 101 Leffingwell Ln

1/2

Alvin Mansour

(858) 373-3184

(858) 373-3184

Christopher Talia

(858) 373-3235

(858) 373-3235

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