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Investment Highlights

  • $408K NOI on four fully leased NNN buildings with 3% annual rent increases.
  • Low-maintenance, energy-efficient design with rainwater collection, high-R insulation, and shared septic.
  • Prime Hays County growth corridor in a $150K+ income area, minutes from Lake Travis, Dripping Springs, and Westlake.
  • Newer construction (2022–2024) with 20’ clear heights, 14’ x 12’ roll-up doors, and full HVAC.
  • Tenant-ready suites featuring private bathrooms, kitchenettes, polished concrete, and vinyl plank offices.

Executive Summary

Rare opportunity to acquire three fully leased flex-industrial buildings on true NNN leases, delivering $408,000 in annual NOI with 3% annual rent escalations. Will sell individually or as whole. Constructed between 2022–2024, these modern, low-maintenance assets are designed for long-term durability, energy efficiency, and tenant retention.
Each suite is fully air-conditioned and features 20’ clear heights, 14’ x 12’ roll-up doors, polished concrete floors, private bathroom and kitchenette, and vinyl plank flooring in office areas. Buildings are highly energy efficient with R-30 ceiling insulation, 3” wall insulation, and R-15 insulated office buildouts, contributing to lower operating costs and strong tenant satisfaction.
The property benefits from rainwater collection systems, HOA-managed shared septic, and a favorable 1.7% tax rate, further enhancing net returns. Located in a highly affluent trade area with $150,000+ average household incomes, the site sits squarely in the Hays County growth corridor, just minutes from Lake Travis, Dripping Springs, and Westlake—one of Central Texas’ most supply-constrained industrial submarkets.
Ideal for investors seeking stable, passive income backed by newer construction, strong demographics, and long-term growth fundamentals.

Property Facts

Price $7,636,287 CAD
Price / SF $343.20 CAD / SF
Cap Rate 7.26%
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 22,250 SF
Total Land Area 29.93 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Building 11
15210 Fitzhugh Rd, Austin, TX 78736
Flex 8,350 SF 2022 -
Building 8
15210 Fitzhugh Rd, Austin, TX 78736
Flex 7,600 SF 2022 -
Building 13
15210 Fitzhugh Rd, Austin, TX 78736
Flex 6,300 SF 2022 -
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  • Listing ID: 40321999

  • Date on Market: 2026-04-28

  • Last Updated:

  • Address: 15210 Fitzhugh Road BLD 8, 11, 13, Austin, TX

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