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Parmer McNeil Plaza Credit-Tenant Retail Center Pat Tate / Drew Tate (512) 474-8283 |
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| Commercial & Exchange - Basic Features | |||||
| List Price: | $250,000 (min purch) | Type: | Retail Center |  | 6301 Parmer Lane Austin, TX 78729 |
| MLS#: | Parmer | Status: | Recently Closed | ||
| Min. Investment: | $250,000 | Year Built: | 2005 / 2006 | Occupancy: | 89% * |
| Cash-on-Cash: | 6.20% (Yr. 1 Approx.) * | 5 Yr. Avg. Yield: | 7.50% (Approx.) * | CAP Rate: | 6.30% * |
| Additional Information |
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All positions in this particular center are sold, but other opportunities exist! Call for current inventory. Located at one of Austin's busiest intersections, with traffic counts in excess of 100,000 cars per day, according to TxDOT. This outstanding property has four drive through restaurants to accommodate the significant daytime traffic created partially by the proximity of major employers such as Motorola, State Farm's Regional Headquarters, Sun Microsystems and nearly 2,000,000sf of additional corporate office park space. * CAP and Yields are approximate and based on 89% occupancy as of March 14, 2007. This 43,655 sf un-anchored shopping center was constructed in 2005. Offered as a fractional deed co-ownership opportunity with a minimum investment of $250,000. Qualifies for 1031 Exchange or new money investment. For additional property information Click Here. (Call or email for password first.) Click Here to learn more about Fractional Deed Co-Ownership. (Call or email for password first.) |
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