Lamb's Tire & Automotive | 3564 Far West Blvd
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Lamb's Tire & Automotive 3564 Far West Blvd
5,727 SF Retail Building Austin, TX 78731 $6,144,732 CAD ($1,073 CAD/SF) 6% Cap Rate
Executive Summary
Lamb’s Tire and Automotive Absolute NNN for sale at 3564 Far W Blvd, Austin, TX 78731. Irreplaceable asset in Northwest Hills.
15 Year Absolute NNN Lease to Sun Auto & Tire Services (formerly GB Auto Service)
- Rare 2% Annual Rent Increases Providing an Excellent Hedge Against Inflation
- Sun Auto & Tire Service is Owned by Leonard Green & Associates, A Leading Private Equity Firm with Over $50B in Assets
-Located across from large HEB anchored shopping center
-6.5 Miles from downtown Austin and 18 miles from Austin-Bergstrom International Airport
15 Year Absolute NNN Lease to Sun Auto & Tire Services (formerly GB Auto Service)
- Rare 2% Annual Rent Increases Providing an Excellent Hedge Against Inflation
- Sun Auto & Tire Service is Owned by Leonard Green & Associates, A Leading Private Equity Firm with Over $50B in Assets
-Located across from large HEB anchored shopping center
-6.5 Miles from downtown Austin and 18 miles from Austin-Bergstrom International Airport
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,727 SF
Building Class
B
Year Built
1992
Price
$6,144,732 CAD
Price Per SF
$1,073 CAD
Cap Rate
6%
NOI
$368,684 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.75 AC
Parking
45 Spaces (7.97 Spaces per 1,000 SF Leased)
Frontage
203 ft on Far West Blvd
Amenities
- Pylon Sign
Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (75)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 136156 | Improvements Assessment | $752,680 CAD |
Land Assessment | $921,666 CAD | Total Assessment | $1,674,347 CAD |
PROPERTY TAXES
Parcel Number
136156
Land Assessment
$921,666 CAD
Improvements Assessment
$752,680 CAD
Total Assessment
$1,674,347 CAD
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Lamb's Tire & Automotive | 3564 Far West Blvd
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