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Lamb's Tire & Automotive 3564 Far West Blvd

5,727 SF Retail Building Austin, TX 78731 £3,391,921 (£592/SF) 6% Net Initial Yield

Executive Summary

Lamb’s Tire and Automotive Absolute NNN for sale at 3564 Far W Blvd, Austin, TX 78731. Irreplaceable asset in Northwest Hills.

15 Year Absolute NNN Lease to Sun Auto & Tire Services (formerly GB Auto Service)
- Rare 2% Annual Rent Increases Providing an Excellent Hedge Against Inflation
- Sun Auto & Tire Service is Owned by Leonard Green & Associates, A Leading Private Equity Firm with Over $50B in Assets
-Located across from large HEB anchored shopping center
-6.5 Miles from downtown Austin and 18 miles from Austin-Bergstrom International Airport

Attachments

Lambs Flyer

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,727 SF
Building Class
B
Year Built
1992
Price
£3,391,921
Price Per SF
£592
Net Initial Yield
6%
NOI
£203,515
Tenancy
Single
Number of Floors
1
Building FAR
0.18
Lot Size
0.75 AC
Parking
45 Spaces (7.97 Spaces per 1,000 SF Leased)
Frontage
203 ft on Far West Blvd

Amenities

  • Pylon Sign
1 of 1
Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Frost Bank
Club Pilates
Starbucks
Soccer Shots
Cadence Bank
Truist
PNC Bank
Premier Martial Arts
Texadelphia
Hancock Whitney Bank

PROPERTY TAXES

Parcel Number 136156 Improvements Assessment £417,515
Land Assessment £511,253 Total Assessment £928,768

PROPERTY TAXES

Parcel Number
136156
Land Assessment
£511,253
Improvements Assessment
£417,515
Total Assessment
£928,768
(512) 496-8668

Contact

  • Blake Reed
    Blake Reed
  • Tack Development

  • Listing ID: 33586037

  • Date on Market: 21/10/2024

  • Last Updated:

  • Address: 3564 Far West Blvd, Austin, TX 78731

The Retail Property at 3564 Far West Blvd, Austin, TX 78731 is currently available for sale. Contact Tack Development for more information.

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© 2024 CoStar Group

Lamb's Tire & Automotive | 3564 Far West Blvd
(512) 496-8668 x

Lamb's Tire & Automotive | 3564 Far West Blvd

Blake Reed

(512) 496-8668

(512) 496-8668

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