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Service Street Auto - Serene Hills 16718 State Highway 71 hwy 4,469 SF 100% Leased Retail Building Lakeway, TX 78738 $4,025,890 ($900.85/SF) 6.20% Cap Rate

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Investment Highlights

  • 20 Year Absolute Net Lease
  • Signalized intersection at Highway 71, plus two additional roadway intersections
  • Heavy daytime foot and car traffic
  • Rapidly growing affluent trade area with high income, high growth residential area with excellent retail services

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
4,469 SF
Year Built
2025
Price
$4,025,890
Price Per SF
$900.85
Cap Rate
6.20%
NOI
$249,604
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
1.21 AC
  • Listing ID: 39309730

  • Date on Market: 2/3/2026

  • Last Updated:

  • Address: 16718 State Highway 71 hwy, Lakeway, TX 78738

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