Overview

Description

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,521 SF Jiffy Lube Located at 11219 Ranch Road 2222 in Austin, Texas. This Opportunity Features ~14 Years Remaining on a Triple Net (NNN) Franchisee Backed Lease With Zero Landlord Responsibilities, Providing For a Secure Investment.

In Cooperation with Sands Investment Group Austin, LLC
BoR: Max Freedman – Lic. # 9004706

Highlights

• ~14 Years Remaining on a Triple Net (NNN) Franchisee Backed Lease With Zero Landlord Responsibilities
• Dense Infill Area With High Traffic Counts – a Combined VPD of Over 85,126 VPD at the Corner of Ranch Road 2222 and FM 620
• Team Car Care (FKA Heartland Automotive Services II, Inc.) is the Largest Franchisee in the Jiffy Lube Franchise Network
• Irreplaceable Location - in 2018, U.S. News & World Report Named Austin the #1 Place to Live in the U.S.
• Strong Rental Increases - 10% Every 5 Years Including Through Option Periods
• Notable Lake Travis is Only a Short 6 Minute Drive With Attractions Like Volente Beach Resort & Waterpark, Hippie Hollow Park, Austin Yacht Club and the Oasis on Lake Travis (Known For Their Sunset Dinners on the Deck)
• Located Half a Mile From the 3M Electrical Products Division Corporate Offices With Over 1,400 Employees in 1.25 Million SF Throughout 11 Buildings
• Affluent Demographics – Population of Over 88,547 Residents With an Average Household Income of $162,158 Within a 5-Mile Radius
• Texas is an Income Tax-Free State
• Nearby Tenants Include: HEB, Starbucks, Walgreens, Target, CVS, Bank of America, Wells Fargo, Twin Liquors, Lamb’s Tire & Automotive, Thundercloud Subs and McDonald’s

Documents

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