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713 Huntland Dr
Austin, TX 78752
DAM-A Korean Hotpot & BBQ - Austin, TX · Retail Property For Sale
Investment Highlights
- The property features a brand new 10-year lease term upon closing, providing an investor with long-term passive cash flow.
- The tenant has invested approximately $500,000 in renovations, demonstrating a strong commitment to this location and its long-term success.
- DAM-A Korean Hotpot & BBQ is part of the rapidly expanding Korean BBQ and hot pot dining segment.
- This is a Double Net (NN) Lease where the landlord is only responsible for the roof, offering a low-maintenance investment for a passive owner.
- The lease features 10% rental increases every five years, providing a strong hedge against inflation and consistent growth in returns.
- Austin is consistently ranked as one of the fastest-growing metropolitan areas in the United States, with a booming economy.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 6,324 SF DAM-A Korean Hotpot & BBQ located at 713 E Huntland Drive in Austin, Texas. The offering features a brand-new 10-year sale-leaseback commencing at closing, providing long-term, passive cash flow. The tenant has invested in renovations, demonstrating a strong commitment to the location and its long-term success. The lease includes 10% rent increases every five years, offering built-in inflation protection and consistent return growth.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706b BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706b BoR: Max Freedman - Lic. TX #644481
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
6,324 SF
Building Class
B
Year Built
1994
Price
$5,454,320 CAD
Price Per SF
$862.48 CAD
Cap Rate
7%
NOI
$381,802 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.25 AC
Parking
50 Spaces (9.18 Spaces per 1,000 SF Leased)
Frontage
168’ on Huntland Dr
Amenities
- Freeway Visibility
Property Taxes
| Parcel Number | 911335 | Improvements Assessment | $2,567,474 CAD |
| Land Assessment | $1,485,348 CAD | Total Assessment | $4,052,822 CAD |
Property Taxes
Parcel Number
911335
Land Assessment
$1,485,348 CAD
Improvements Assessment
$2,567,474 CAD
Total Assessment
$4,052,822 CAD
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