1119 Airport Blvd, Austin, TX for sale

Investment Overview

Sayers Real Estate Advisors is pleased to present the exclusive opportunity to acquire 1119 Airport Blvd, a single-tenant NNN Meineke Center in Austin, Texas. Strategically positioned on a high-visibility, hard-corner signalized intersection at Airport Blvd and Springdale Rd—one of East Austin’s premier arterial junctions—this property offers an investor passive income backed by a multi-unit Meineke franchisee with a 10-year lease in place. The lease features built-in yield growth through a rare 12% rental increase in Year 5, providing a strong hedge against inflation, along with future renewal options structured at Fair Market Value.

Investment Highlights

• Established Franchisee & Long-Term Lease: 10-Year NNN lease with a multi-unit Meineke franchisee
• Dense & Growing Demographic Base: Densely-populated East Austin trade area with over 340,000 residents in a 5-mile radius
• Contractual Rent Growth: Rare 12% rental increase at the end of Year 5 of the initial term, with both extension options structured at Fair Market Value (FMV).
• Prime Hard-Corner Signalized Intersection: Located at the signalized intersection of Airport Blvd & Springdale Rd – one of East Austin's main intersections
• High-Traffic & Dense Infill Setting: Surrounded by popular local destinations, major employment hubs, and modern residential developments (e.g., Springdale General, Springdale Green Office, Lift ATX, Pearl & Goodwin Apartments).