Owner-User Restaurant Opportunity — Sale in Austin, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Austin, TX 78758

Photos

Owner-User Restaurant Opportunity — Sale in Austin, TX, photo 1 of 3
Owner-User Restaurant Opportunity — Sale in Austin, TX, photo 2 of 3
Owner-User Restaurant Opportunity — Sale in Austin, TX, photo 3 of 3

Investment Figures

Cap rate
5.03%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The existing restaurant improvements, including a drive-thru, offer an opportunity for an owner-user seeking a location in North Austin, subject to existing occupancy and applicable lease provisions. There is a tenant operating on-site. Please do not disturb the tenant. Contact the listing agent for additional details. Investment Highlights: • Owner-User Opportunity in North Austin | Freestanding Restaurant With Drive-Thru and Outdoor Patio • More Than 316,798 Residents and an Average Household Income of $101,561 (Five-Mile Radius) • Direct Access to West Parmer Lane, Metric Boulevard, and Running Bird Lane, With Area Traffic Counts of 75,077 VPD • Daytime Population Increases by 34% with 427,115 Employees (Five-Mile Radius) • Excellent Access via Both West Parmer Lane and Metric Boulevard • Strategic Location Near the North Austin Medical Corridor • The Metro's Population Increased Significantly in Recent Decades and Now Exceeds 2.5 Million Residents

Market Context

This food service in Austin, TX is listed for sale. It is offered at an approximate 5.0% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Austin, TX — view the full market.

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