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21511 Interstate 35
Kyle, TX 78640
Windmill Center · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Heavy daytime traffic.
  • 100% occupied with staggered leases.
  • High visibility off of major interstate.

EXECUTIVE SUMMARY

The Windmill Center is a high-visibility, multi-tenant retail center strategically positioned in one of Austin’s fastest growing submarkets on the east frontage of Interstate 35 in Kyle, Texas. Its location benefits from excellent access, growing surrounding population, and a healthy retail and service business demand base driven by strong regional population and job growth. The Subject Property contains approximately 9,000 square feet of gross leasable area and is divided into small suites well positioned for service, medical, food, boutique retail, and neighborhood convenience tenants. Tenants include Liberty Tax, Hays County Barbershop, Abuelita's Bakery Spot, Hays Uniforms, Fixed Dental, and Clinica Familiar. Surrounded by expanding residential neighborhoods and new commercial development, this location stands to benefit from population growth.
Kyle continues to rank among the fastest growing cities in Central Texas which creates sustained demand for retail and medical office uses.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Building Size
9,000 SF
Building Class
B
Year Built
2017
Price
$3,500,000
Price Per SF
$388.89
Cap Rate
6.55%
NOI
$229,160
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.25 AC
Zoning
RS - RS (Retail & Services District)
Frontage
173’ on IH-35

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R144078
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,407,760
  • Listing ID: 38582009

  • Date on Market: 11/26/2025

  • Last Updated:

  • Address: 21511 Interstate 35, Kyle, TX 78640

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