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Service Street Auto - Serene Hills 16718 State Highway 71 hwy 4,469 SF Retail Building Lakeway, TX 78738 $5,503,150 CAD ($1,231.41 CAD/SF) 6.20% Cap Rate
Investment Highlights
- 20 Year Absolute Net Lease
- Signalized intersection at Highway 71, plus two additional roadway intersections
- Heavy daytime foot and car traffic
- Rapidly growing affluent trade area with high income, high growth residential area with excellent retail services
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,469 SF
Building Class
C
Year Built
2025
Price
$5,503,150 CAD
Price Per SF
$1,231.41 CAD
Cap Rate
6.20%
NOI
$341,194 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.21 AC
Frontage
222’ on State Highway 71
Property Taxes
| Parcel Number | 823758 | Improvements Assessment | $0 CAD |
| Land Assessment | $671,458 CAD | Total Assessment | $671,458 CAD |
Property Taxes
Parcel Number
823758
Land Assessment
$671,458 CAD
Improvements Assessment
$0 CAD
Total Assessment
$671,458 CAD
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Service Street Auto - Serene Hills | 16718 State Highway 71 hwy
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