4,439 Square Foot NNN-Leased Retail Building

3208 Guadalupe, Austin, TX

$3,155,000

Price

$181,444

NOI

4,439 sqft

Building Size

Overview
NOI
$181,444
Building Size
4,439 sqft
Lot Area
20,286 sqft
Lease Type
Triple Net
Year Built
2001/2008
Zoning
CS
Parking Spots
37
Description

• Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained by the Owner (the “Owner”) to offer for sale 3208 Guadalupe Street, Austin, TX 78705.
• This 4,439 square foot NNN-leased retail building is located on “The Drag” of the University of Texas in Austin. The building is situated on a +/- 20,286 s.f. hard-corner pad site, strategically located on the NWQ of Guadalupe Street and W. 33rd Street in Central Austin.
This property sits in middle of a dense residential area comprised of the University of Texas to the south, Hyde Park to the east, and Brykerwoods /Pemberton Heights to the West.
• 3208 Guadalupe is 100% leased to 2 restaurants, Louisiana Crab Shack (multi-unit regional operator) and Pad Thai (multi-unit local operator), offering investors a a good tenant mix with stabilized cash flow and future rental increases.
• There are currently 69,686 households within three miles of the project with a population totaling 153,921.
• Nearby University of Texas -Austin current enrollment number exceeds 51,000 students.
• Rare surface parking lot with 37 parking spaces.

Documents
Title
Offering Memorandum
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Location
Gallery