3420 FM 967 - Retail FOR SALE
Buda, TX 78610 |
$5,300,000 USD
737-283-3275
3420 FM 967
Buda, TX 78610
HIGHLIGHTS
- Opportunity to acquire a multi-tenant retail asset in the Austin, TX MSA, where quality small-format strip center inventory remains extremely limited
- $24.57 PSF in-place rent vs. ~$29 PSF market rate.
- The center is anchored by Austin Regional Clinic: ARC Buda, an established Central Texas healthcare provider with a broad regional clinic network.
- Minimal competing small shop retail space in the immediate trade area strengthens the center’s long-term leasing position.
- Strategically positioned near 4 schools, generating consistent weekday traffic and creating a customer base of students, families, faculty, & staff.
- Recent development of a new McDonald's and Chick-fil-A in the immediate area demonstrates continued retailer confidence along the FM 967 corridor.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 14,323 SF Buda Sports Strip Center, located at 3420 FM 967 in Buda, Texas. This is a rare opportunity to acquire a shopping center in the Austin, TX MSA, where small-format multi-tenant retail inventory remains extremely limited relative to demand. The property provides investors with an asset directly in the path of growth of a supply-constrained market.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$5,300,000 USD
PRICE/SF
$370 USD /SF
CAP RATE
6.63%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Buda Sports Strip Center - Buda, Texas
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2014
SPRINKLERS
-
PARKING SPACES
72
LAND DETAILS
LAND ACRES
1.48 AC
LAND SF
64,469 SF
ZONING
-
APN/PARCEL ID
R119256
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737-283-3275
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737-283-3275
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