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250 Highway 290 W 4,204 SF 100% Leased Retail Building Elgin, TX 78621 $2,059,957 CAD ($490.00 CAD/SF) 4.02% Cap Rate



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
4,204 SF
Drone Flyover Video
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
$2,059,957 CAD
Price Per SF
$490.00 CAD
Cap Rate
4.02%
NOI
$82,822 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.40 AC
Opportunity Zone
Yes
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
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 85101 | Improvements Assessment | $835,456 CAD |
| Land Assessment | $251,349 CAD | Total Assessment | $1,086,805 CAD |
Property Taxes
Parcel Number
85101
Land Assessment
$251,349 CAD
Improvements Assessment
$835,456 CAD
Total Assessment
$1,086,805 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
250 Highway 290 W
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