FIRESTONE COMPLETE AUTO CARE

PROPERTY

• The offering is for a Firestone located in the Austin MSA with 5+ Years remaining on the initial NNN lease
• This investment offers an attractive 6.39% return with 6.50% increases every five (5) years
• Recent Construction – Built in 2007

LOCATION

• Best located Auto Service Operator – First Auto Service Business when traveling East, convenient ingress and egress
• The property is situated along Highway 79, which benefits from ± 36,500 ADT, and is out-parceled to a Home Depot and Lowe’s shopping center, which drives traffic to this subject property
• Dominant Retail Corridor – Home to tenants such as Lowe’s, Home Depot, Walgreens, Chase Bank, AutoZone, Regions Bank, Starbucks, Taco Bell, Chili’s and Sonic, amongst others
• Hutto is an attractive young wealthy working professional suburb of Austin
• Close proximity to Austin – only about 20 Miles from downtown
• The Median Age is 31.3 while the average household income is almost $90,000
• Hutto is also estimated to have a cost of living that is 8.9% lower than the national average
• Hutto was recently named the 7th Fastest Growing City in the Country and #1 in Texas by Zippia, with 53% growth since 2000
• Property is located in one of the fastest growing MSA’s in the country: In the immediate 5-Mile Radius, the population increased 287% from 2000-2010 and another 33% between 2010 and 2016 while still retaining an average income of above $104,000
• The City of Hutto anticipates a total population of 60,000 by 2030, which would be a 200% increase from the 2014 Census