$1,499,000 4701 E Martin Luther King Jr Blvd #a Austin, TX

MLS: 9180876   Type: Commercial   County: Travis   City: Austin   Area: Austin - East   Neighborhood: Mlk Comm Condo   Zip: 78721   Style: Retail Bldg     Stories: 1   Taxes: $18,668

Mortgage $7,038 /mo



Half Baths

Sqr Footage

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The property is located in east Austin. Consistently a top performing Family Dollar in Austin. This property is NN leased with four 5-year renewal options remaining. 10% increase with each renewal option period. Cap rate at asking price is 5.37%.

Elementary School

Middle School

High School

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Price History

7/27/2017 Listed $1,499,000

ADA Compliant Yes
Area 5
Auction? No
Construction Metal Siding
Fema 100 Yr Flood Plain No
Lease Type Net Net Lease (NN)
Occupancy Pct 100
Property Sub Type Retail Bldg-Other See Remarks
Region Austin - East
Stories 1
Subdivision Name Mlk Comm Condo
Terms Offered Cash, Conventional, Exchange, Lender Approval
Utilities Electricity on Property

Interior Features

Air Conditioning Central Air
Heating Central Heat
Interior Ceiling Height 12 to 16 ft

Exterior Features

Buidlings 1
Foundation Details Slab
Land Description Improvements Leases Exist/Avail
Parking Common
Pools 0
Roof Membrane
Sewer City at Street
Water Access 0
Water Source City
Waterfront 0

Property Schools

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Gallery (4 photos)

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Property vs Zip Code Avg (78721)

Price 1.49M Avg 729K

Sqr Feet 9,180 Avg 1,123

Cost / Sqr Ft $163 Avg $650

Taxes $18,668 Avg $4,572

Visits 5 Avg 161

Days on Site 88 Avg 149

Walkscore® 31 Avg 39

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Listing Provided Courtesy Of: All City Real Estate

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Location & Address

Cheryl Newberry
824 W. 10th Street
Austin, TX

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