Investment Opportunity of a Lifetime! High-Growth Single Tenant Property in Cedar Park's Prime Corridor!

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🏢 Prime Single Tenant Property with 5% Cap Rate 🏢

Price: $1,380,000

Location: Cedar Park a suburb of Austin, Texas

Cap Rate: 5.3%

Tenant: Long-Term Restaurant with Established Clientele

Lease Term: 9 Years Remaining on Current Lease

Drive-Through Access: Exclusive Feature

Recent AC System and Roof

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Welcome to a world-class investment opportunity in the heart of Cedar Park, Austin's dynamic suburb. This impressive single tenant property, featuring a long-term restaurant tenant with an established clientele and a thriving local following, promises an unmatched investment proposition.

 

Strategically positioned in the high-growth corridor along Highway 183, this property offers unparalleled visibility and accessibility. The dedicated drive-through, a feature now prohibited for new buildings in Cedar Park, provides a significant competitive advantage, guaranteeing the tenant's continued success.

 

The tenant, with over 13 years of successful operation at this location, has reaffirmed their commitment with another decade left on their lease. This long-term stability ensures a steady and secure cash flow, making it an ideal opportunity for passive income seekers and seasoned investors alike.

 

The property's recent AC system and roof add further value to the investment, alleviating any concerns related to maintenance costs for years to come. As a triple net (NNN) leased property, the tenant is responsible for all property maintenance, property taxes, and insurance, providing you with a truly hands-off investment.

 

Situated within close proximity to the Bell District, a massive recent development investment area less than 0.25 miles away, this property enjoys unmatched growth potential. Cedar Park's robust economy, rapid population expansion, and the flourishing local community create a fertile ground for continued prosperity.

 

Investors, seize this rare opportunity to own a high-growth single tenant property with a 5% cap rate in Cedar Park's thriving corridor. Benefit from the tenant's established presence, dedicated drive-through, and the high-growth potential of the surrounding area.

Don't wait! Reach out today to secure this prime investment before it's gone. 

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