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11620 North FM 620
Austin, TX 78750
Asking Price
$4.35M
Asset Type
Restaurant Retail
Class
Class B
What's Special
2nd Gen Restaurant For Sale | RM 620 <ul><li><span style="color: rgba(37, 39, 45, 1)">Fully Built-Out 2nd Generation Restaurant</span></li><li><span style="color: rgba(37, 39, 45, 1)">Fully Equipped Kitchen + Existing FF&E</span></li><li><span style="color: rgba(37, 39, 45, 1)">Proven Income History (~$240K NOI Prior Tenancy)</span></li><li><span style="color: rgba(37, 39, 45, 1)">~45,000 VPD Exposure on N FM 620 Corridor</span></li><li><span style="color: rgba(37, 39, 45, 1)">Exceptional Parking Ratio (16.5 per 1,000 SF)</spa
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NOI
$80,000
Cap Rate
1.84%
DSCR
0.31
Underwater
Cash-on-Cash
-13.66%
Monthly Payment
$21,521.427
Annual Cash Flow
$-178,257.119
