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Investment Highlights
- MEDICAL RETAIL TENANCY
- PROMINENTLY POSITIONED ON HWY-71
- BUC-EE's SHADOW ANCHORED
Executive Summary
Jones Lang LaSalle (“JLL”) is pleased to present the opportunity to acquire 1670 Hwy. 71 (the “Property”), a 8,382-square-foot, 100%-leased retail asset strategically positioned along the primary commercial corridor in Bastrop, Texas. Located on Highway 71, the Property benefits from exceptional visibility, strong regional accessibility, and direct exposure to one of the fastest-growing trade areas east of Austin.
1670 Hwy. 71 is shadow anchored by Buc-ee’s, one of the most powerful retail traffic drivers in Texas, generating consistent consumer activity and drawing visitors from throughout Central Texas and beyond. The surrounding corridor continues to experience significant residential and commercial growth as Bastrop emerges as a preferred destination for both residents and businesses seeking proximity to the Austin MSA.
Currently 100% occupied, 1670 Hwy. 71 offers investors stable in-place cash flow from a fully leased asset with limited near-term leasing risk. The Property’s location within a rapidly expanding market, combined with its proximity to Buc-ee’s and the continued growth of Bastrop’s population and consumer base, positions it to benefit from sustained tenant demand and long-term rent growth.
With durable in-place income, strong corridor fundamentals, and irreplaceable frontage along Highway 71, 1670 Hwy. 71 represents a compelling opportunity to acquire a stabilized retail investment in one of Central Texas’ most dynamic and high-growth submarkets.
1670 Hwy. 71 is shadow anchored by Buc-ee’s, one of the most powerful retail traffic drivers in Texas, generating consistent consumer activity and drawing visitors from throughout Central Texas and beyond. The surrounding corridor continues to experience significant residential and commercial growth as Bastrop emerges as a preferred destination for both residents and businesses seeking proximity to the Austin MSA.
Currently 100% occupied, 1670 Hwy. 71 offers investors stable in-place cash flow from a fully leased asset with limited near-term leasing risk. The Property’s location within a rapidly expanding market, combined with its proximity to Buc-ee’s and the continued growth of Bastrop’s population and consumer base, positions it to benefit from sustained tenant demand and long-term rent growth.
With durable in-place income, strong corridor fundamentals, and irreplaceable frontage along Highway 71, 1670 Hwy. 71 represents a compelling opportunity to acquire a stabilized retail investment in one of Central Texas’ most dynamic and high-growth submarkets.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,382 SF
Building Class
B
Year Built
2017
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.35 AC
Parking
57 Spaces (6.8 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 123506 | Improvements Assessment | $193,175 CAD |
| Land Assessment | $1,629,683 CAD | Total Assessment | $1,822,858 CAD |
Property Taxes
Parcel Number
123506
Land Assessment
$1,629,683 CAD
Improvements Assessment
$193,175 CAD
Total Assessment
$1,822,858 CAD
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1670 Hwy 71 E
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