2205 E 7th Street - NNN Investment SOLD

2205 East 7th Street, Austin, TX 78702

Property Highlights & Information

  • Extremely attractive 100% NNN leased 3-tenant investment on prominent hard corner in booming east Austin. Rent increases ahead.
  • Population of 187,000+ with Avg. HH income over $94k within 3 miles. 355,000+ with Avg. HH income over $99k within 5 miles.
  • Within approx. 2 miles of the TX state capital, Dell Seton Medical Center, The University of Texas at Austin, Austin Convention Center & Austin City Hall
  • Fred Loya Insurance (corporate) has been a tenant since 2006
  • Mobilelink is the largest authorized Cricket retailer with over 550 locations (per their website)
  • Nail salon has nearly 6 years remaining of their 10 year lease
  • Surrounded by recently built up-scale multi-story apartment buildings. Blocks from Houston-Tillotson University and the technology development center for HEB’s joint effort with Favor

Available Opportunities

No Currently Available Opportunities

Demographic Information

Population (3m)187,580
Average Household Income (3m)$94,639
Traffic CountE 7th: 22,362 VPD (Source: CoStar 2018)
Morelos St: 26,629 VPD (Source: CoStar 2020)

Location

Brokers

Alan Rust, CCIM
Principal - Investment Sales

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