CAVA-Anchored Shops | Southbrook Station

Leander

,

TX

Austin

Call for Details

5.75

%

CAP Rate

within New Southbrook Station Development

116-Acre Master Planned, Mixed-Use Development

within a 5-Mile Radius

Property details

New Construction Shops Building with a Drive-Thru Anchored by CAVA (NYSE: CAVA)
- All Tenants on Long Term Leases with Scheduled Rent Increases
- Strong Corporate Guaranty from CAVA, a Publicly Traded Company
Excellent Exposure Along US-183 (22,978 AADT) within New Southbrook Station Development
- Co-Tenants include McAlister's, Cold Stone, Einstein Bros, Shipley Do-Nuts, Atomic Wings, CareNow, Crust Pizza, Smoothie King, Prime IV, Take 5 Oil Change & More
Strategic Location in High-Growth Suburb of Austin
- 3.76% Annual Population Growth Rate within 5 Miles
- Robust Commercial Development Activity including Northline, St. David's Hospital and Medical Complex, Leander Springs, Leander Tech Park, Pointe 183 & More
Adjacent to Brand New Northline Development
- 116-Acre Master Planned, Mixed-Use Development to Serve as Leander's New Downtown District
Across from Austin Community College San Gabriel Campus (2,200 Students)
One Mile from St. David's HealthCare Medical Complex
- Expanding to Include $182M Full-Service Hospital
~26 Miles from Downtown Austin
Austin-Round Rock MSA is One of the Fastest Growing Metros in the U.S.
- Population of 2.5M & MSA GDP of $248 Billion
Qualifies for 100% Bonus Depreciation via Cost Segregation
No State Income Tax in Texas

Listing leads

Putnam Daily

Managing Partner

CA RE Lic #01750064

Lindsey Snider

Senior Partner