1801 Clover Ln - Splash Shack Lease-Back Investment Sale
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1801 Clover Ln - Splash Shack Lease-Back Investment Sale
9,310 SF Sports & Entertainment Building Offered at $4,073,572 CAD at a 6.86% Cap Rate in Cedar Park, TX 78613
Executive Summary
Year 5- 10% base rent increase $20.67 per sq ft- ($218,678.02 base rent, 7.54% Cap rate).
Absolute Net- tenant pays all expenses.
3- 5 year options to renew- 10% increase per 5-year term.
Personal Guarantee
Option to buy back building at market rate
Absolute Net- tenant pays all expenses.
3- 5 year options to renew- 10% increase per 5-year term.
Personal Guarantee
Option to buy back building at market rate
Property Facts
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PROPERTY TAXES
| Parcel Number | R559576 | Improvements Assessment | $2,030,973 CAD |
| Land Assessment | $1,832,807 CAD | Total Assessment | $3,863,780 CAD |
PROPERTY TAXES
Parcel Number
R559576
Land Assessment
$1,832,807 CAD
Improvements Assessment
$2,030,973 CAD
Total Assessment
$3,863,780 CAD
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1801 Clover Ln - Splash Shack Lease-Back Investment Sale
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