Se Connecter/S’inscrire
Votre courriel a été envoyé.
702 Shady Ln
Austin, TX 78702
Commerce de détail Propriété À vendre
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Fully leased under a 10-year absolute NNN lease commenced in June 2021.
- Substantial 2021 capital improvements, including roof upgrades and new HVAC systems.
- Stabilized income stream with 2.5% annual rent escalations and NOI of $360,000.
- Positioned in East Austin’s booming Govalle neighborhood, blending cultural, residential, and retail demand drivers.
Résumé de l'annonce
702 Shady Lane offers a fully stabilized retail investment in the heart of East Austin, a rapidly growing neighborhood known for its eclectic mix of entertainment, dining, and cultural venues. The 13,183-square-foot property sits on a prominent 0.44-acre site and has been extensively renovated to align with modern standards. Major improvements include a new roof on the flat section, three new 10-ton commercial HVAC units, and confirmation of the sloped roof’s excellent condition.
Currently occupied by Wanderlust Wine Co. under a long-term, absolute NNN lease, the asset provides investors with secure, predictable income and built-in rent escalations. The property’s flexible floor plan, updated systems, and large outdoor patio position it as a destination for experiential retail and social concepts. Located in an Opportunity Zone and surrounded by a thriving East Austin community, this investment combines immediate cash flow with strong long-term upside in one of Austin’s most vibrant submarkets.
Currently occupied by Wanderlust Wine Co. under a long-term, absolute NNN lease, the asset provides investors with secure, predictable income and built-in rent escalations. The property’s flexible floor plan, updated systems, and large outdoor patio position it as a destination for experiential retail and social concepts. Located in an Opportunity Zone and surrounded by a thriving East Austin community, this investment combines immediate cash flow with strong long-term upside in one of Austin’s most vibrant submarkets.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
13 183 pi²
Classe d’immeuble
C
Année de construction
1951
Prix
7 236 000 $ CAD
Prix par pi²
548,89 $ CAD
Taux de capitalisation
7%
Revenu net d’exploitation
506 520 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,69
Taille du lot
0,44 AC
Zone de développement économique
Oui
Zonage
CS-CO-NP
Façade
151’ sur Shady Lane
Impôts fonciers
| Numéro de lot | 190081 | Évaluation des bâtiments | 1 846 579 $ CAD |
| Évaluation du terrain | 1 495 947 $ CAD | Évaluation totale | 3 342 526 $ CAD |
Impôts fonciers
Numéro de lot
190081
Évaluation du terrain
1 495 947 $ CAD
Évaluation des bâtiments
1 846 579 $ CAD
Évaluation totale
3 342 526 $ CAD
1 de 19
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
