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Sententia Vera Cultural Hub 4002 W Highway 290 5,000 SF 100% Leased Retail Building Dripping Springs, TX 78620 $2,250,000 ($450/SF)
Investment Highlights
- Heavy Daytime Automobile Traffic/Busy Highway
- Prime Highway 290 Frontage, High-Visibility Commercial Corridor
- Lots of Natural Light, Outdoor Patio & Event, Restaurant, Retail, Office
Executive Summary
An exceptional opportunity to acquire one of the Texas Hill Country’s most distinctive commercial properties along the highly desirable Highway 290 corridor in Dripping Springs. Situated on approximately 1.573 acres with outstanding highway visibility and approximately 35,703 vehicles passing daily (2024 TxDOT AADT), this remarkable property offers exceptional exposure, timeless character, and incredible flexibility in one of Central Texas’ fastest-growing commercial markets.
Originally handcrafted in 1997 using environmentally conscious building practices, the approximately 5,000-square-foot building features a durable metal frame and roof, straw bale and stucco construction for natural insulation, concrete floors, and a 40,000-gallon rainwater collection system. Towering oak and juniper trees create an inviting outdoor setting ideal for patios, food trucks, outdoor dining, special events, community gatherings, or future expansion.
Located in the Dripping Springs ETJ with West Travis water available at the site, Aquadrip septic, propane, Pedernales Electric, and approximately 28–30 on-site parking spaces, this property is well suited for a wide variety of commercial uses.
Ideal for a restaurant, brewery, winery or tasting room, coffee house, food truck venue, event center, wellness or medical practice, professional offices, coworking space, boutique retail, art gallery, educational facility, nonprofit headquarters, or a one-of-a-kind destination business.
Positioned near Belterra Village, H-E-B, Home Depot, established neighborhoods, and where the future Target store is currently under development, this property is exceptionally positioned to benefit from continued commercial investment and population growth along the Highway 290 corridor. Whether you’re an investor, owner-user, or visionary entrepreneur, this is a rare opportunity to establish a landmark destination in one of the Texas Hill Country’s most dynamic and rapidly expanding commercial corridors.
Operating expenses, gross scheduled income, financial information, available disclosures, and supporting documents are available upon request. Please text or call the listing agent for access to these materials or with any questions.
Information is deemed reliable but is not guaranteed.
Buyer and Buyer’s Agent are responsible for independently verifying all information, including but not limited to square footage, acreage, zoning, permitted uses, utilities, restrictions, taxes, schools, and all other material facts. Buyer is encouraged to conduct all inspections and due diligence to their satisfaction prior to closing.
Originally handcrafted in 1997 using environmentally conscious building practices, the approximately 5,000-square-foot building features a durable metal frame and roof, straw bale and stucco construction for natural insulation, concrete floors, and a 40,000-gallon rainwater collection system. Towering oak and juniper trees create an inviting outdoor setting ideal for patios, food trucks, outdoor dining, special events, community gatherings, or future expansion.
Located in the Dripping Springs ETJ with West Travis water available at the site, Aquadrip septic, propane, Pedernales Electric, and approximately 28–30 on-site parking spaces, this property is well suited for a wide variety of commercial uses.
Ideal for a restaurant, brewery, winery or tasting room, coffee house, food truck venue, event center, wellness or medical practice, professional offices, coworking space, boutique retail, art gallery, educational facility, nonprofit headquarters, or a one-of-a-kind destination business.
Positioned near Belterra Village, H-E-B, Home Depot, established neighborhoods, and where the future Target store is currently under development, this property is exceptionally positioned to benefit from continued commercial investment and population growth along the Highway 290 corridor. Whether you’re an investor, owner-user, or visionary entrepreneur, this is a rare opportunity to establish a landmark destination in one of the Texas Hill Country’s most dynamic and rapidly expanding commercial corridors.
Operating expenses, gross scheduled income, financial information, available disclosures, and supporting documents are available upon request. Please text or call the listing agent for access to these materials or with any questions.
Information is deemed reliable but is not guaranteed.
Buyer and Buyer’s Agent are responsible for independently verifying all information, including but not limited to square footage, acreage, zoning, permitted uses, utilities, restrictions, taxes, schools, and all other material facts. Buyer is encouraged to conduct all inspections and due diligence to their satisfaction prior to closing.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1997
Price
$2,250,000
Price Per SF
$450
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
1.57 AC
Zoning
ETJ of Dripping Springs - No use restrictions. Currently in the Dripping Springs ETJ.
Parking
30 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
239’ on U.S. 290
Amenities
- Conferencing Facility
- Corner Lot
- Courtyard
- Dedicated Turn Lane
- Signage
- Signalized Intersection
- Storage Space
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Sententia Vera Cultural Hub
- Arts, Entertainment, and Recreation
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Sententia Vera Cultural Hub | Arts, Entertainment, and Recreation | - | - | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R44784 | Improvements Assessment | $178,484 |
| Land Assessment | $1,242,110 | Total Assessment | $1,420,594 |
Property Taxes
Parcel Number
R44784
Land Assessment
$1,242,110
Improvements Assessment
$178,484
Total Assessment
$1,420,594
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Sententia Vera Cultural Hub | 4002 W Highway 290