13341 Hwy 290 #5 and 6-200 Austin, TX 78737

Listing details for 13341 Hwy 290 #5 and 6-200, Austin, TX 78737 : Sands Investment Group is pleased to exclusively offer for sale the 8,952 SF Action Behavior Center NN Asset located at 13341 Hwy 290 in Austin, TX. The property is leased to Action Behavioral Centers under a 7-year corporate lease, with 5+ years remaining and two 5-year renewal options. The lease features 3% annual rent escalations, providing a built-in hedge against inflation and a secure, long-term investment opportunity. Corporate Lease: Corporate lease to Action Behavioral Centers with 5+ years remaining on the term and 2, 5-year options to renew. Rent Increases: Hedge against inflation with 3% annual rent escalations throughout the term. Double Net (NN) Lease Structure: The tenant is responsible for all taxes, insurance, and common area maintenance, including condo owner fees. The only landlord responsibilities are the roof and structure. Exceptionally High Growth Area in Austin MSA: 6.9% annual population growth (2020-2024) with a forecast of 6.4% (2024-2029). Affluent Market: The average household income is $192,601 within 3 miles of the site, over 230% of the national average. Prime Traffic Exposure: Strong traffic count of over 32,000 VPD on TX 360. No Deferred Maintenance: Newly built with top-quality construction in 2024. Strong Growing Corporate Tenant: Action Behavior Centers is a leading provider of ABA therapy for autism, with 398 locations in 16 states. ABC was valued at $840M and had adjusted earnings of $60M in 2022 with only 65 locations at the time.