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250 Highway 290 W 4,204 SF 100% Leased Retail Building Elgin, TX 78621 $1,450,000 ($344.91/SF) 4.02% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN outparcel investment property located on one of Austin’s busiest Highways
- Vacancy makes it perfect for owner-user
EXECUTIVE SUMMARY
$1,450,000
4,204 SF
Drone Flyover Video
4,204 SF
Drone Flyover Video
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,204 SF
Building Class
B
Year Built/Renovated
2001/2023
Price
$1,450,000
Price Per SF
$344.91
Cap Rate
4.02%
NOI
$58,298
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
C-1 - C-1 Neighborhood Shopping District
Parking
28 Spaces (6.66 Spaces per 1,000 SF Leased)
Frontage
92’ on US Highway 290
AMENITIES
- 24 Hour Access
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 85101 | Improvements Assessment | $588,076 |
| Land Assessment | $176,924 | Total Assessment | $765,000 |
PROPERTY TAXES
Parcel Number
85101
Land Assessment
$176,924
Improvements Assessment
$588,076
Total Assessment
$765,000
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MATTERPORT 3D TOUR
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250 Highway 290 W
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