Taco Shack Freestanding
For Sale
$1,055,000
12439 Metric Blvd, Austin, TX 78758
Standalone restaurant property offered with an absolute net lease and remaining contractual term.
Property Size1,673 SF
Lot Size0.68 Acres
Price / SF$630.60
Days on Market47
Property Features for 12439 Metric Blvd
General Information
Standard status
Active
Size
1,673 SF
Lot size
0.68 Acres
Property subtype
Restaurant
Lease Type
Absolute Net
Site & Location
Neighborhood
Gracy Woods
Amenities
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
Building Details
Building Size
1,673 SF
Buildings
1
Listing Agency:
Dallas Office
Listed By:
Vince Knipp · License #License(s): TX: 0579633
(972) 755-5205
Source:
Marcusmillichap
Added: Sep 13
Changed: Oct 25
Last Checked: Oct 26 at 12:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dallas Office
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding restaurant property includes a 1,018-square-foot building on approximately 0.68 acres. The asset is identified as Taco Shack and is being offered with an absolute net lease structure.
The lease has 2.8 years remaining, with an approximately 8% rental increase scheduled in year 6. The property information also references a 5.03% figure without identifying its financial measure, so it is not included here.
The lease has 2.8 years remaining, with an approximately 8% rental increase scheduled in year 6. The property information also references a 5.03% figure without identifying its financial measure, so it is not included here.
Key Highlights
- 1,018‑square‑foot freestanding restaurant building
- Approximately 0.68 acres of land
- Absolute net lease structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,563
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,260
$631.3K
Cap Rate 7%
$450,900
$450.9K
Cap Rate 9%
$350,700
$350.7K
Market Conditions
NOI Build-Up for 1,673 SF
Gross rent
$43.6K $26.04/SF
− Vacancy
−$1.5K −$0.89/SF
EGI
$42.1K $25.15/SF
− OpEx
−$10.5K −$6.29/SF
NOI
$31.6K $18.87/SF
Area
Austin, TX
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,260
Cap Rate 7%
$450,900
Cap Rate 9%
$350,700
Alternative Uses
Best Use
Specialty Retail
$450.9K
$394.5K – $526.1K
NOI $31,563 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$655.6K
$573.6K – $764.9K
NOI $45,891 @ 7.0% cap · market cap 4.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
760
Businesses Nearby
193k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 31%
Apparel 5%
McDonald's
Dining
29,728 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
13,731 visits/mo
0.3 miles
Starbucks
Dining
13,208 visits/mo
0.2 miles
The Original Pancake House
Dining
10,547 visits/mo
0.2 miles
Goodwill
Apparel
10,148 visits/mo
0.3 miles
Demographics for 78758, TX
49,831
Population
25,745
Households
1.9
Avg Household Size
32
Median Age
46%
College-Educated
85%
High-School Grad
9.1 sq mi
ZIP Area
5,476
Density / Sq Mi
$69,019
Median Household Income
$47,685
Median Earnings
$1,549
Median Rent
$419,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Austin, TX
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Standalone restaurant property offered with an absolute net lease and remaining contractual term.
Where is this conventional restaurant located?
The property is located at 12439 Metric Blvd Austin, TX.
What is the asking price?
The asking price for this property is $1,055,000.
What are key features of this property?
This property features: 1,018‑square‑foot freestanding restaurant building; Approximately 0.68 acres of land; Absolute net lease structure
