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13000 Parmer LN Cedar Park Texas - MLS 3839071
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Region: Round Rock
MLS Area: MLS Area RRW
MLS #: 3839071
City: Cedar Park
List Price: $2200000
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Zip Code: 78613
Nearby Neighborhoods: Avery Ranch, Behrens Ranch, Bent Tree, Brushy Creek, Cat Hollow, Chisholm Valley, Cimarron, Davis Spring, Fern Bluff, Hidden Glen, Mayfield Ranch, Oak Brook, Oakcreek, Preserve At Stone Oak, Ranch At Brushy Creek, Sendero Springs, Somerset, Stone Canyon, Stone Oak, Village At Mayfield, Vista Oaks, Walsh Ranch, Wood Glen, Woods Brushy Creek, Woods
Property Type: Commercial Sale
Property Sub-Type:
Subdivision: Parmer Lane Village
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Square Feet: 0
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Year Built: 2004
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Taxes: $24146.0
Tax Year: 2012
Remarks: Incredible investment opportunity or 1031 Exchange! This 3 bay Jiffy Lube is one of the highest volumes in the Austin area in one of the highest commercial growth areas in Williamson County. The lease is with the largest Jiffy Lube franchise in the U.S. with over 435 locations nationwide. The lease began in 2004 and has escalations every five years through 2024 with a twenty year option to renew with escalating options every five years. CAP rate set at 6.5\% on primary lease with a true NNN lease.
Property Listed By: Prudential Texas Realty
13000 Parmer LN
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