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Lakeway, TX 78734
Gold Tier Real Estate is proud to present a 9,200 multi-tenanted retail/office building in the heart of Lakeway! The building is 100% occupied with a mix of strong service based tenants. Each space is less than 1,425 square feet, making it easy to lease. The pro-forma already shows an attractive 7.89% cap rate, but additionally, there is a clear value-add strategy by increasing the lease rates and converting to NNN over time. Don’t miss your chance to secure a prime piece of 620 real estate! **Buyer to conduct all independent research on the property.** **Broker Disclosure - Broker is a part owner in the property.** Highlights Pro Forma 7.89% Cap Rate Below Market Sales Price Recently Renovated Boutique Retail/Office Suites Service Based Tenants 100% Occupied with Rental Increases Value-Add Opportunity (Increase Rents & Convert to NNN)
Listed by Gold Tier Real Estate, LLC
| MLS ID | ACT4764028 | |
| Status | Active | |
| Days Active | 940 | |
| Est. Tax | $30,761 | |
| Lot Size | 0.67 | |
| Year Built | 1985 | |
| Total Bedrooms | 0 | |
| 1st Floor Bedrooms | ||
| Full Baths | ||
| Half Baths | ||
| Square Feet | 0 | |
| Price Per SqFt | N/A | |
| Garage Spaces | ||
| Fireplace(s) | ||
| Fireplace Info | ||
| Flooring | Laminate, Vinyl | |
| Stories | ||
| Pool | No | |
| Courtesy of | Gold Tier Real Estate, LLC (512) 674-5727 | |
| Subdivision | Cardinal Hills Unit 04 | |
| City | Lakeway | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | ||
| Construction | Glass, Stucco | |
| Foundation | Slab | |
| Fencing | ||
| Elementary School | |
| Middle School | |
| High School |
| Appliances | ||
| Heating | See Remarks | |
| Cooling | See Remarks | |
| Exterior Features | ||
| Lot Features | ||
| Community Features | ||
| Patio Features | ||
| Structures | See Remarks | |
| Interior Features | ||
| Courtesy of | Gold Tier Real Estate, LLC(512) 674-5727 | |
| Fencing Features | ||
| Parking Features | Additional Parking | |