Firestone S&P Credit Rating “A” | Austin Texas MSA | 20% Projected Population Growth

Agent Info

Brent Hanna

248.702.0293
brent@encorereis.com

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Ryan Vinco

248.702.0299
ryan@encorereis.com

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Offering Information

3120 E Whitestone Blvd
Cedar Park, TX 78613

  • Price: $3,197,707
  • Cap. Rate: 6.50%
  • NOI: $207,851
  • Building Size: 8,143SF
  • Lot Size: 1.30 AC

Investment Highlights

  • DOUBLE NET LEASE STRUCTURE | MINIMAL LANDLORD RESPONSIBILTIES
  • OFF HARD CORNER SIGNALIZED INTESECTION | HIGH VOLUME TRAFFIC

    – 47,266 + VEHICLES/DAY – E WHITESTONE BLVD
    – 29,990 + VEHICLES/DAY – W PARMER LN

  • CORPORATE BACKED | BFS RETAIL & COMMERCIAL OPERATIONS, LLC
  • INVESTMENT GRADE TENANT | S&P CREDIT RATING “A”
  • CEDAR PARK IS THE 5TH FASTEST-GROWING CITY IN TEXAS
  • RANKED THE 12TH FASTEST GROWING CITY NATIONALLY IN 2016
  • POSITIONED IN A VIBRANT & EXPLODING GROWTH MARKET
  • 20.27% PROJECTED POPULATION GROWTH BY 2021
  • 5 MILE POPULATION SURROUNDING SUBJECT PROPERTY IS 197,328
  • AFFLUENT COMMUNITY | 3 MILE HOUSEHOLD INCOME IS $123,047
  • LOCATED AMONGST A PLETHORA OF NATIONAL RETAIL TENANTS