Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

918 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Great Visibility and Development Potential 10200 Hwy 290 W 5,429 SF 100% Leased Office Building Austin, TX 78736 $2,998,468 CAD ($552.31 CAD/SF)

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Room for additional buildings to be built
Outside of Austin and Dripping Springs ETJ

Close Proximity to both Austin and Dripping Springs
Perfect for owner/user as their are office available

Executive Summary

Positioned on 2.78 acres with strong frontage along Highway 290, this investment property offers a compelling opportunity for both owner-users and investors seeking growth potential in the path of development between Austin and Dripping Springs. The site features a well-maintained 4,227 SF two-story office building comprised of 11 individual suites, complemented by a 1,152 SF garage structure that has been converted into 3 Office suites and 1 Garage spot for the owner, located at the rear of the property. Currently operating at approximately 70% occupancy, the asset provides immediate cash flow with additional upside through lease-up and future development. The property also benefits from supplementary income generated through an annual sign lease and ground lease. Located outside the city ETJ, the tract allows flexibility for expansion, with ample room to construct additional buildings to maximize returns in this high-demand corridor.