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11600 Research Boulevard
Austin, TX 78759
Asking Price
Contact for price
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Retail | Unpriced <p>Horvath & Tremblay is pleased to present the exclusive opportunity to acquire or lease a building formally operated by Outback Steakhouse located at 11600 Research Boulevard in Austin, Texas (the “Property”). The freestanding, single tenant Outback consists of a 6,176 square-foot building on a 2.12-acre parcel of land. Outback has 5+ years remaining on their Triple Net Lease. This location is dark; Outback has ceased operations but will continue to pay base rent and all operating expenses and
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
