Shoe Palace (Nice Kicks) | 2900 Guadalupe St
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Shoe Palace (Nice Kicks) 2900 Guadalupe St
3,193 SF 100% Leased Retail Building Austin, TX 78705 £2,370,030 (£742/SF) 7.43% Net Initial Yield
Investment Highlights
- Situated on the iconic Guadalupe Street (“The Drag”), directly adjacent to the University of Texas at Austin, with 53,864 students
- Strong future appreciation potential as Austin continues its trajectory as a tech and cultural hub.
- Easily accessible from major roadways such as IH-35 & Mopac Expressway, ensuring ease of access for both locals and visitors
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,193 SF
Building Class
C
Year Built
1933
Price
£2,370,030
Price Per SF
£742
Net Initial Yield
7.43%
NOI
£176,086
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.49
Land Acres
0.15 AC
Zoning
CS-CO-NP
Parking
13 Spaces (4.07 Spaces per 1,000 SF Leased)
Frontage
53 ft on Guadalupe St
Amenities
- Signalised Intersection
Walk Score ®
Walker's Paradise (96)
Bike Score ®
Biker's Paradise (99)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 211435 | Improvements Assessment | £864,722 |
Land Assessment | £606,728 | Total Assessment | £1,471,450 |
PROPERTY TAXES
Parcel Number
211435
Land Assessment
£606,728
Improvements Assessment
£864,722
Total Assessment
£1,471,450
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Shoe Palace (Nice Kicks) | 2900 Guadalupe St
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