Close of Escrow: Taco Bueno in Austin, TX
SIG is pleased to announce the recent Close of Escrow on Taco Bueno located in Austin, Texas.
Investment Highlights Include:
- Prime Drive-Thru Location on W Slaughter Lane and MoPac Expressway in South Austin
- Traffic Counts Exceeding 44,000 VPD on W Slaughter Lane and MoPac Expressway Intersection
- High Barriers of Entry For Drive-Thru Development
- Below Market Lease Rate at $2.61/SF
- Limited Retail Development Along W Slaughter Lane and MoPac Expressway
- W Slaughter Lane is One of the Main East-West Corridors that Connects MoPac Expressway to Interstate 35
- Approximately 10-Miles to Downtown Austin, 8-Miles West to Austin Zoo and 7-Miles to Zilker Park – Home of the Austin City Limits Music Festival
- Minutes From Arbor Trails Shopping Center, Sunset Valley Shopping Center and Toney Burger Stadium & Activity Center
Closing Price: $1,700,000
Closing CAP: 4.94%
Listing Agent: Will Schuhmacher, Max Freedman and Chris Sands
For More Information Contact:
Will Schuhmacher
Lic #629275
512.277.5924
will@SIGnnn.com
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