375 Mesa Dr, Del Valle, TX 78617

Multi-generational income producing investment opportunity near Austin! Gary's Grill established in 1994 has been a long-standing hot spot for the locals and tourists alike. Residing less than 5 miles away from Circuit of the Americas and only 11 miles from the Austin Airport makes this the ideal location. This property has the potential for an 18.5% cap rate!! Circuit of Americas has an amusement park said to be finished October of this year to really add to the business and vacancy potential you have with both a 3bed 2 bath home and a studio home. Gary's Grill has two full kitchens with multiple prep and storage areas to help cater to high volumes of business. The fenced in parking lot has the potential to hold upward of 15 cars at a time. Walking in you will order at the front counter inside and can take your order togo or have a seat in the dining area equipped with a fireplace for additional warmth and atmosphere during the colder months. All equipment in the restaurant will be … read more …