National tenant in place. 25 year lease (22.5 years left) with Reagan National Billboard Company
35% top-line profit-share with Reagan paid quarterly
Reagan owns and maintains the physical billboard structure
Owner only pays property taxes; Reagan covers all other expenses including insurance, maintenance, and sales
Exceptional Investment Opportunity: Prime Billboard Property in Austin : Secure, Long-Term Income with National Tenant
Seize the rare chance to own a unique income-generating property in Austin, featuring a highly sought-after billboard with a national tenant already in place. Due to the city’s moratorium on new billboard constructions, this property offers unparalleled exclusivity and long-term value.
Investment Benefits:
- Stable, Long-Term Income: Enjoy the security of a reputable national tenant with a substantial lease period remaining.
- Hassle-Free Management: Reagan National Billboard Company owns and maintains the physical billboard, ensuring minimal management responsibilities for the owner.
- Consistent Cash Flow: Benefit from quarterly profit-share payments, providing a steady stream of "mailbox" money.
Why This Property?
1. Exclusivity: With the current moratorium on new billboards in Austin, this property stands as a unique and highly desirable asset.
2. Low Risk: With Reagan covering all major expenses, your investment is protected from unexpected costs.
3. High Return Potential: The 35% profit-share arrangement ensures a significant and reliable income stream.
Invest in a truly exceptional opportunity in the heart of Austin. This billboard property combines stability, exclusivity, and high returns, making it a standout addition to any investment portfolio.
Contact today to learn more and make an offer on this one-of-a-kind income property. Don’t miss out on securing your share of this lucrative and limited market!
What is the asking price for 7811 Clock Tower Drive in Austin?
The asking price for 7811 Clock Tower Drive is $450,000
How much land does the Austin, TX property at 7811 Clock Tower Drive include?
7811 Clock Tower Drive in Austin includes 0.450 acres of land
What kind of Land is the property at 7811 Clock Tower Drive?
The property at 7811 Clock Tower Drive Austin, TX 78753 is listed as a Mixed Use Land Land property
What is the population within 1 mile of 7811 Clock Tower Drive in Austin?
The population within 1 mile of 7811 Clock Tower Drive Austin, TX 78753 is 20,626 people.
Who do I contact for questions about 7811 Clock Tower Drive?
You should contact the listing agent,
Zach Roesinger, for any details regarding this commercial listing.
