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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

Retail Buildings Texas Elgin 250 Highway 290 W, Elgin, TX 78621

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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

Attachments

2-Unit Grocery Anchored Building w: Vacancy - Elgin, TX Flier

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
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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

Links

1 1
250 Highway 290 W, Elgin, TX - Aerial map view - Image1
250 Highway 290 W, Elgin, TX - Aerial map view - Image2
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Source: Local Logic®

Nearby Major Retailers

Starbucks
H-e-b
Prosperity Bank
Anytime Fitness

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
(512) 757-6349

Still interested?

Contact the broker for more information about this property

Contact

  • Barret Espe
    Barret Espe

  • Listing ID: 29995216

  • Date on Market: 11/8/2023

  • Last Updated:

  • Address: 250 Highway 290 W, Elgin, TX 78621

The Retail Property at 250 Highway 290 W, Elgin, TX 78621 is currently available for Sale. Contact Haystack Real Estate Partners for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View Street
Map
250 Highway 290 W, Elgin, TX for sale Building Photo- Image 1 of 6
2-Unit Grocery Anchored Building w/ Vacancy - Elgin, TX Photo
250 Highway 290 W, Elgin, TX for sale Building Photo- Image 2 of 6
Building Photo
250 Highway 290 W, Elgin, TX for sale Aerial- Image 3 of 6
Aerial
250 Highway 290 W, Elgin, TX for sale Typical Floor Plan- Image 4 of 6
Floor Plan
250 Highway 290 W, Elgin, TX for sale Aerial- Image 5 of 6
Aerial
1 of 1

Contact the Sale Advisor

250 Highway 290 W

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