427 Ranch Road 620 S - Storefront Retail/Office FOR SALE


Lakeway, TX 78734
$1,425,000 USD
512-674-5727
427 Ranch Road 620 S, Lakeway, TX for Sale
$1,425,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | 6.75% Cap Rate

427 Ranch Road 620 S
Lakeway, TX 78734


HIGHLIGHTS

  • 3 retail suites
  • Excellent visibility & signage on 620
  • Well maintained building - Built in 2005
  • Strong service based tenants
  • Opportunity for an investor or owner-occupant

OVERVIEW

Gold Tier Real Estate is proud to present 427 Ranch Rd 620, Lakeway, Texas. This well located retail asset offers a strong opportunity for both an investor seeking upside and an owner user looking for frontage on one of the most trafficked corridors in the area. The building consists of three suites totaling 3,000 square feet, with each suite measuring 1,000 square feet. This suite size is highly desirable in the Lakeway retail market and provides flexibility for leasing, owner occupancy, or a combination of both. The property benefits from excellent visibility, strong traffic counts along Ranch Road 620, and prominent signage exposure. The current owner occupies one of the suites and is open to discussing a short term leaseback, if needed. Please contact the listing agent for additional information, rent roll, and financial details. *Broker makes no representations or warranties regarding the accuracy of the information provided.*

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$473 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Retail on RR 620

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,901 SF

ZONING

Commercial

APN/PARCEL ID

438741

ASK ABOUT THIS PROPERTY

Colin TierneyGold Tier Real Estate, LLC.More Info
512-674-5727

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Colin TierneyGold Tier Real Estate, LLC.More Info
512-674-5727

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.