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DAM-A Korean Hotpot & BBQ - Austin, TX (7.10% CAP - ABS NNN)
713 E Huntland Dr, Austin, TX 78752
Available Now
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FOR SALERetail / Restaurant + Fast Food
Cap Rate
7.1%
NOI
$275,000
Building Size
6,324SF
Lot Size
1.25Ac
Year Built
1994
Occupancy
100%
Listing Contacts
More property details
Tenancy
Single Tenant
Currently Leased
No
Investment
Net Lease
No of Buildings
1
Location
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DAM-A Korean Hotpot & BBQ - Austin, TX (7.10% CAP - ABS NNN)
About the location
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 Absolute
Triple Net (NNN) sale-leaseback commencing at closing, providing longterm, 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.
Location highlights
- Long-Term 10-Year Sale-Leaseback: The property features a brand new 10- year lease term upon closing, providing an investor with long-term passive cash flow
- Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities: This is an Absolute Triple Net (NNN) Lease where the landlord has zero
- responsibilities. Offering a hands off investment for a passive owner
- Significant Tenant Investment in Property: The tenant has invested
- approximately $500,000 in renovations, demonstrating a strong commitment to this location and its long-term success