List Search

713 Huntland Dr
Austin, TX 78752 Highland

$4,000,000 USD

Restaurant For Sale  •  6,324 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,324 SF
  • Lot Size 1.25 AC
  • Building Class B
  • Year Built 1994
  • Cap Rate 7.00 %
  • Tenancy Single
51 Transit Score
66 Walk Score

Highlights

The property features a brand new 10-year lease term upon closing, providing an investor with long-term passive cash flow.
This is a Double Net (NN) Lease where the landlord is only responsible for the roof, offering a low-maintenance investment for a passive owner.
The tenant has invested approximately $500,000 in renovations, demonstrating a strong commitment to this location and its long-term success.
The lease features 10% rental increases every five years, providing a strong hedge against inflation and consistent growth in returns.
DAM-A Korean Hotpot & BBQ is part of the rapidly expanding Korean BBQ and hot pot dining segment.
Austin is consistently ranked as one of the fastest-growing metropolitan areas in the United States, with a booming economy.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Dam-a Korean Hotpot & Bbq 6,324 SF

Amenities

  • Freeway Visibility

Public Transportation

Commuter RailDriveWalkDistance
12 min - 6.5 mi
AirportDriveWalkDistance
Austin-Bergstrom International 27 min - 14.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Jordan Mulloy 512-768-0380 Sands Investment Group Austin, LLC
Jordan Mulloy 512-768-0380 Sands Investment Group Austin, LLC