Norwood Billboard
7811 Clock Tower Drive, Austin, TX 78753
Property Highlights & Information
- National tenant in place. 25 year lease (22.5 years left) with Reagan National Billboard Company
- 35% top-line profit-share with Reagan paid quarterly
- Owner only pays taxes, Reagan pays all other expenses [insurance, maintenance, sales].
- Truly a "mailbox" money investment
- Reagan owns and maintains the physical billboard
Available Opportunities
For Sale .45 Acres
Demographic Information
| Population (3m) | 149,442 |
|---|---|
| Average Household Income (3m) | $98,378 |
| Traffic Count | I-35: 217,355 VPD (Source: CoStar 2022) Anderson Lane WB: 88,656 VPD (Source: CoStar 2022) |
