Retail Space /TX /Hays County /Dripping Springs /29035 RR12 Ranch Rd. 12
Retail Space /TX /Hays County /Dripping Springs /29035 RR12 Ranch Rd. 12

29035 RR12 Ranch Rd. 12 - Retail FOR SALE


Dripping Springs, TX 78620- Hill Country | 
$2,350,000 USD
512-415-5475
29035 RR12 Ranch Rd. 12, Dripping Springs, TX for Sale
$2,350,000 USD
Retail - FOR SALE
1/5
null | 5.1% Cap Rate
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29035 RR12 Ranch Rd. 12
Dripping Springs, TX 78620
Hill Country

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HIGHLIGHTS

  • Long term tenant in place - through 2033
  • Great outdoor space - multiple hundred-year-old oak trees on site
  • One mile to downtown Dripping Springs, 20 minutes to Bee Cave, with quick access to US Hwy 290 W, Ben White / Hwy 71
  • Ample parking – 84+ spaces

OVERVIEW

Prime investment property. 1.58 level AC with heritage oaks. Full 51% cocktail bar with long term tenant in place.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$967 USD /SF

CAP RATE

5.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

84

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,389 SF

ZONING

-

APN/PARCEL ID

R167045

ASK ABOUT THIS PROPERTY

Jesse LunsfordRainey VenturesMore Info
512-415-5475

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Jesse LunsfordRainey VenturesMore Info
512-415-5475

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