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250 Highway 290 W 4,204 SF 100% Leased Retail Building Elgin, TX 78621 $2,024,084 CAD ($481.47 CAD/SF) 4.02% Cap Rate

Retail Buildings Texas Elgin 250 Highway 290 W, Elgin, TX 78621

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INVESTMENT HIGHLIGHTS

  • NNN outparcel investment property located on one of Austin’s busiest Highways
  • Vacancy makes it perfect for owner-user

EXECUTIVE SUMMARY

$1,450,000
4,204 SF
Drone Flyover Video

ATTACHMENTS

2-Unit Grocery Anchored Building w: Vacancy - Elgin, TX Flier

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,204 SF
Building Class
B
Year Built/Renovated
2001/2023
Price
$2,024,084 CAD
Price Per SF
$481.47 CAD
Cap Rate
4.02%
NOI
$81,379 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.40 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-1 - C-1 Neighborhood Shopping District
Parking
28 Spaces (6.66 Spaces per 1,000 SF Leased)
Frontage
92’ on US Highway 290

AMENITIES

  • 24 Hour Access
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Air Conditioning

LINKS

1 1

NEARBY MAJOR RETAILERS

Starbucks
H-e-b
Prosperity Bank
Cadence Bank
Anytime Fitness

PROPERTY TAXES

Parcel Number 85101 Improvements Assessment $820,907 CAD
Land Assessment $246,972 CAD Total Assessment $1,067,879 CAD

PROPERTY TAXES

Parcel Number
85101
Land Assessment
$246,972 CAD
Improvements Assessment
$820,907 CAD
Total Assessment
$1,067,879 CAD
(512) 757-6349

Still interested?

Contact the broker for more information about this property

CONTACT

  • Barret Espe
    Barret Espe

  • Listing ID: 29995216

  • Date on Market: 2023-11-08

  • Last Updated:

  • Address: 250 Highway 290 W, Elgin, TX 78621

The Retail Property at 250 Highway 290 W, Elgin, TX 78621 is currently available for Sale. Contact Haystack Real Estate Partners for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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250 Highway 290 W, Elgin, TX for sale Building Photo- Image 1 of 2
2-Unit Grocery Anchored Building w/ Vacancy - Elgin, TX Photo
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250 Highway 290 W
(512) 757-6349 x

250 Highway 290 W

Barret Espe
(512) 757-6349

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