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    Established Red Robin in Austin Title is generated by Realmo AI

    13000 N Interstate Hwy 35, Austin, TX 78753

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    Well-established Red Robin with a new 15-year absolute NNN lease.

    Type:Retail
    Property size:
    7,052 SF
    Price / SF:
    $312/SF
    Added:
    Feb 17, 2026
    Days on Market:
    113
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 13000 N Interstate Hwy 35

    General Information

    Standard status
    Active
    Size
    7,052 SF
    Property subtype
    Retail

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    Listing Contact
    Kase Abusharkh
    Kase Abusharkh

    Listing agent Kase Abusharkh License #TX 708586

    Listing office The Kase Group

    Listing date Feb 17, 2026

    Source Crexi

    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 The Kase Group

    HighLights

    • New 15‑year absolute NNN lease with zero landlord obligations
    • Corporately guaranteed by Red Robin
    • 10% rent increases every 5 years throughout the initial term and option periods
    • High traffic location with 170,210 vehicles per day
    • Shadow anchored by a Walmart Supercenter
    • Located in a busy retail trade area with numerous national tenants

    Overview

    This property features a well-established Red Robin restaurant in Austin, Texas. The property is offered for sale with a new 15-year absolute NNN lease, corporately guaranteed by Red Robin, requiring zero landlord obligations. The lease includes 10% rent increases every 5 years throughout the initial term and during the four 5-year option periods. The location benefits from high traffic counts of 170,210 vehicles per day and its position within a busy retail trade area. The building is shadow-anchored by a Walmart Supercenter and is near Lowe's Home Improvement, PetSmart, Ross Dress for Less, Wells Fargo, Golden Corral, Buffalo Wild Wings, McDonald's, Panera Bread, Denny's, Dollar Tree, and Supercuts.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $183.6k $26.04
    − Vacancy −$6.2k −$0.89
    EGI $177.4k $25.15
    − OpEx −$44.3k −$6.29
    NOI $133.0k $18.87
    7,052 SF · lease $26.04/SF/yr · vacancy 3.40% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.90M
    $1.66M – $2.22M (±1% cap)
    NOI $133,043 @ 7.0% cap · market cap 6.04%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.76M
    $2.42M – $3.22M (±1% cap)
    NOI $193,441 @ 7.0% cap · market cap 8.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -97.676
    Latitude
    30.3795

    FAQs

    What type of property is this?
    Conventional restaurant - Well-established Red Robin with a new 15-year absolute NNN lease.
    Where is this conventional restaurant located?
    The property is located at 13000 N Interstate Hwy 35 Austin, TX.
    What is the asking price?
    The asking price for this property is $2,203,831.
    What are key features of this property?
    This property features: New 15‑year absolute NNN lease with zero landlord obligations; Corporately guaranteed by Red Robin; 10% rent increases every 5 years throughout the initial term and option periods
    More about this property
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