Retail    

KPOT Korean BBQ

& Hot Pot

 Sunset Valley (Austin), Texas 

Price:
$5,363,500

Cap Rate:
5.85%

Cap Rate (Avg):
6.41%

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10-Year

NNN Lease

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2.00% Annual

Rent Increases

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Fee Simple

Absolute

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Large +/- 1.05 Acre

Parcel

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+/- 9,805 SF

GLA

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Premier Austin, Texas Location 
    #1 Fastest Growing Large City in U.S. (2010-2020)
  • New, Long-Term, 10-Year NNN Lease 
    Landlord Responsibilities Limited to Only Roof & Structure
  • Contractual 2.00% Annual Rent Increases
    Throughout Base Lease + Renewal Options
  • Strength of Franchisee & Lease Guarantor 
    Experienced Multi-Unit Operator (13+ Units) with Personal Guaranty
  • Out-Lot to Sunset Valley Marketfair Shopping Center 
    Premier 537k Shopping Center & One of Most Highly Trafficked Shopping Centers in the United States (Top 96% Percentile Nationwide)


  • 2022 Property Renovation & Significant Tenant Investment
    Full Property Renovation, Including New Parking Lot (June 2022) and $1+ Million of Tenant Investment
  • Significant Long-Term Residual Value
    Large 1.05 Acre Site, High-Barrier-to-Entry Submarket, Increasing Rents
  • Premier Demographics
    Average HH Income:
    $126,000+ (1-mi) | $130,600+ (5-mi)
    Population:
    270,900+ (5-mi)

Exclusively Listed By

Brandon Duff

Senior Vice President & Managing Director
  bduff@northmarq.com      +1 312.240.0162

Matt Spangenberg

Senior Associate
  mspangenberg@northmarq.com   

Mackenzie Wolfgram

Associate Vice President
  mwolfgram@northmarq.com   

Austin Duff

Senior Associate
  aduff@northmarq.com   

In Association With
Jim Gibson

TX Lic. #392926

Northmarq

303 E. Wacker Drive, Suite 1111
Chicago, IL 60601


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