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Moon Valley Nursery | 3% Annual Incrs 3969 E US 290 1,800 SF 100% Leased Flex Building Dripping Springs, TX 78620 $6,013,514 CAD ($3,340.84 CAD/SF) 6.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 6+ Years Remaining | 3% Annual Increases | Corporate Guarantee
  • Austin MSA Location | Rapidly Expanding Trade Area
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Attractive Demographics | Affluent & Growing Market

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Moon Valley Nursery investment property located in Dripping Springs, Texas. The tenant, Moon Valley Nursery of Texas, LLC has over 6-years remaining with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 3% annual rental increases throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

PROPERTY FACTS

Price $6,013,514 CAD
Price Per SF $3,340.84 CAD
Sale Type Investment NNN
Cap Rate 6.25%
Property Type
Flex
  • General Retail Freestanding
Building Class C
Lot Size 4.90 AC
Rentable Building Area 1,800 SF
No. Stories 1
Year Built 2019
Parking Ratio 25/1,000 SF
No. Dock-High Doors/Loading 1
Zoning PP - Public Park or Preserve

AMENITIES

  • Fenced Lot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R44711
Land Assessment
$2,742,958 CAD
Improvements Assessment
$185,440 CAD
Total Assessment
$2,928,398 CAD
  • Listing ID: 38729760

  • Date on Market: 2025-12-10

  • Last Updated:

  • Address: 3969 E US 290, Dripping Springs, TX 78620

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