KW Net Lease Advisors is pleased to present for sale a NNN Leased AutoZone in one of the fastest growing parts of the United States. The Subject Property is encumbered by a 20 Year Lease that has over 10+ Years remaining and features 4 (5) Year Options with 10% Increases at each option.
The site is ideally situated next to many major retailers, including a Walmart Supercenter and a New Cabela’s. The site also benefits from its direct access to I-35 (120,000+ VD), which is one of Texas’ most trafficked highways. There are over 62,000 residents within 5-Miles of the property with Average Household Incomes near $100,000. The immediate trade area has experienced significant growth and development as Austin continues to be one of the fastest growing cities in America.
Buda is a city in Hayes county and is part of the Austin-Round Rock MSA. Greater Austin has been the fastest growing metropolitan area with a population over 1 million for 5 years in a row and recently surpassed 2 million. The Austin-Round Rock MSA posted the 2nd lowest unemployment rate in Texas in August of just 3.5%. The Austin area continues to be one of the most sought after areas for Real Estate and Tourism not only in Texas, but in the United States.
See all of KW Net Lease Advisors available properties including this AutoZone in Buda, TX