Austin, TX - Taco Cabana

Description:

• Taco Cabana corporate signed lease
• 5 years remaining with 2 (5-year) option periods to extend
• The lease features 11.4% rental increases at the beginning of each option period

• The subject property is located directly across from an H-E-B anchored center that includes other tenants such as McDonald’s, Aaron’s Rent To Own, UPS, Great Clips, Subway, and others
• Approximately two miles west of Southpark Meadows, a Target and Walmart anchored center that features other national/credit tenants such as JCPenney, Ulta, Dollar Tree, Orangetheory, Chick-fil-A, Taco Bell, Crumbl, and Sonic
• Located in the center of a primary retail corridor with other national/credit tenants including Walmart, PetSmart, Ross, Best Buy, Texas Roadhouse, Starbucks, Dunkin’, and many others
• Strong tenant synergy promotes crossover shopping to the subject property