10824 Crystal Falls Pkwy Leander, TX 78641
- Specialty properties
- 1,920 SF
Current Use by Public Records
- MBM Property Management, LLC / Property Management Company
- Baoping Qian / Pediatrician
- Subida Counseling / Counselor
- SkySystems USA Corporation / Corporate Office
- Zygo Sport and Spine / Chiropractor
Property Details for 10824 Crystal Falls Pkwy
- Year built
- 2022
- Property size
- 1,920 SF
- Property type
- Specialty properties
Description
This exceptional investment opportunity presents a thriving restaurant located at 10824 E Crystal Falls Pkwy, Units 101 & 102, Leander, TX 78641, within Williamson County. The property, built in 2022, boasts 1,920 square feet and features attractive outdoor patio dining. Currently operating under a single-tenant, triple-net (NNN) lease, the property offers a secure investment with a remaining lease term of approximately 4.9 years, expiring September 30, 2029. The lease commenced October 1, 2022, and has a total term of seven years. The asking price is $1,050,000, translating to a price per square foot of $546.88. This turnkey operation within the Sports/Entertainment subtype presents a compelling opportunity for investors seeking a stable, high-return asset in a desirable location. The property's strong tenant occupancy and long-term lease provide significant financial stability and predictable cash flow. This is a rare chance to acquire a well-established, profitable restaurant with substantial remaining lease term in a thriving Texas market. The property's modern design and outdoor seating area cater to the current market demand, ensuring continued success for the tenant and a strong return on investment for the owner.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Leander
- County
- Williamson
- State
- Texas
- Longitude
- -97.8175
- Latitude
- 30.5657