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6721 S. Congress Ave
Austin, TX 78745
Asking Price
$5.57M
Cap Rate
7.25%
Asset Type
Pharmacy/Drug Retail
Class
Class B
What's Special
Prime Hard Corner in Austin, Texas. True NNN. Tax Free State <ul><li>Austin Light Rail Expansion - Austin's planned Orange Line extension to Congress Avenue and William Cannon Drive will enhance connectivity between The University of Texas, Downtown Austin, and Southeast Austin. As one of the city's most significant transit investments, the project is expected to improve accessibility, support population growth, and drive increased commercial activity throughout the corridor.</li><li>Limited Pharmacy Competition - The trade area benefits from limited ph
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NOI
$80,000
Cap Rate
1.44%
DSCR
0.24
Underwater
Cash-on-Cash
-15.00%
Monthly Payment
$27,569.536
Annual Cash Flow
$-250,834.434
