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Investment Highlights

  • Fully leased investment opportunity generating a strong 8.2% cap rate.
  • Prime visibility along W State Highway 71 with an estimated daily traffic count exceeding 40,000 vehicles.
  • Strategically located across from Bee Cave HEB and near major retail destinations, with future surrounding development plans.
  • Two freestanding buildings featuring recent updates, including new HVAC systems and handicap-accessible restrooms.
  • Parking enhancements include a fully repaved lot and resealed surface for improved durability and curb appeal.
  • Easy access to downtown Austin via Highway 71 and proximity to Hill Country Galleria, residential communities, and recreational amenities.

Executive Summary

12403 W State Highway 71 is strategically located across the street from the Bee Cave HEB as well as vacant development land that has been planned for 15,000 SF of retail and a 25,000 SF assisted living project. Big plans are in the works and will be announced soon. The two buildings are currently occupied with one lease expiring in May. Each building has a handicap restroom and new HVAC. One has been finished out for retail and the other is being used as storage and work space for a residential remodeling company. It could also be converted to retail and is available June 2026 for owner occupancy. There is considerable upside for the retail building as the lease was signed over 3 years ago in the process of acquiring the property.

Property Facts

Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 5,596 SF
Total Land Area 1.60 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
12405 W Highway 71, Bee Cave, TX 78738 Flex 2,434 SF 1980 -
12403 W Highway 71, Bee Cave, TX 78738 Retail 3,162 SF 1980 -
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  • Listing ID: 40243859

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: Bee Cave Investment Opportunity, Bee Cave, TX

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