Splash Shack Lease-Back Investment Sale
1801 Clover Lane, Cedar Park, TX
$2,900,000
Price
6.86%
Cap Rate
10,580 sqft
Building Size
Overview
Description
• 10,580 sq ft of indoor playground
• Upstairs office- 1500 sq ft
• 100% HVAC
• New HVAC units- (Building) Seresco NP-035 36 ton (Office & Restrooms) Two LG 2.5 ton
• Ceiling height 35’
• 1-overhead door for loading
• 3-Phase power- 230 Amps
• LED lighting
• Metal Roof
• 5 restrooms
• Patented design completely enclosed and doesn’t leak
• Zero Landlord Responsibility
• 10 Year NNN lease
• 10% rent increases every 5 years
• 6.86% cap rate
• Fee simple: Cash to seller
Documents
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Offering Memorandum
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