Kay Jewelers NNN
For Sale
Contact for pricing
713 Highway 71 W, Bastrop, TX 78602
Corporate-guaranteed tenancy offers approximately 9.5 years remaining plus two five-year extension options.
Property SizeContact for details
Days on Market142
Property Features for 713 Highway 71 W
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Pylon Signage
Yes
Anchor Co-Tenants
Lowe's Home Improvement
Traffic Count
45,500 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 9:03PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This fee-simple offering includes the land and building occupied by Kay Jewelers under an NN lease. Sterling Inc. recently signed a new 10-year lease, with approximately 9.5 years remaining and two five-year renewal options. Contractual rent increases occur by 10% in year 6 of the initial term and at the start of each option period. Sterling Jewelers, Inc. provides the corporate guarantee, while ownership responsibilities are limited to the roof, structure, and utility lines.
The property is located at 713 Highway 71 W in Bastrop, within the Austin MSA, and sits just off State Highway 21, which carries 45,500 VPD. Convenient ramp access and a large pylon sign support site exposure. The building is positioned as an outparcel to Lowe’s Home Improvement and shares its shopping center with Hobby Lobby, Academy Sports, T.J. Maxx, Best Buy, Ross, Petco, Five Below, Ulta Beauty, Staples, and Chick-fil-A. Nearby national retailers include Walmart Supercenter, The Home Depot, H-E-B plus!, Walgreens, and Starbucks.
The property is located at 713 Highway 71 W in Bastrop, within the Austin MSA, and sits just off State Highway 21, which carries 45,500 VPD. Convenient ramp access and a large pylon sign support site exposure. The building is positioned as an outparcel to Lowe’s Home Improvement and shares its shopping center with Hobby Lobby, Academy Sports, T.J. Maxx, Best Buy, Ross, Petco, Five Below, Ulta Beauty, Staples, and Chick-fil-A. Nearby national retailers include Walmart Supercenter, The Home Depot, H-E-B plus!, Walgreens, and Starbucks.
Key Highlights
- Kay Jewelers occupies the fee‑simple land and building under an NN lease
- New 10‑year lease with approximately 9.5 years remaining
- Two 5‑year extension options with 10% increases in year 6 and at each option start
Property Analytics
Property Profile
Current Use
Lease Details
45,500 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
379
Businesses Nearby
116k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Home Improvements & Furnishings 37%
Electronics 14%
Apparel 9%
The Home Depot
Home Improvements & Furnishings
39,895 visits/mo
0.4 miles
Chili's Grill & Bar
Dining
23,424 visits/mo
0.3 miles
Panda Express
Dining
21,244 visits/mo
0.3 miles
Best Buy
Electronics
16,649 visits/mo
0.3 miles
Old Navy
Apparel
10,682 visits/mo
0.3 miles
Demographics for 78602, TX
33,759
Population
13,485
Households
2.5
Avg Household Size
40
Median Age
27%
College-Educated
87%
High-School Grad
195.3 sq mi
ZIP Area
173
Density / Sq Mi
$86,976
Median Household Income
$41,644
Median Earnings
$1,331
Median Rent
$310,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-guaranteed tenancy offers approximately 9.5 years remaining plus two five-year extension options.
Where is this nnn property located?
The property is located at 713 Highway 71 W Bastrop, TX.
What are key features of this property?
This property features: Kay Jewelers occupies the fee‑simple land and building under an NN lease; New 10‑year lease with approximately 9.5 years remaining; Two 5‑year extension options with 10% increases in year 6 and at each option start
