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South River Center 201-203 Stillwater

10,125 SF 100% Leased Office Building Wimberley, TX 78676 £1,644,930 (£162/SF)

Investment Highlights

  • Quiet area, light traffic

Executive Summary

Strong investment opportunity in quiet community bordering the greater Austin Metroplex and next to up and coming Dripping Spring. Proximity to fast-growing communities of Kyle, Dripping Springs and San Marcos. Strong tenant base of local businesses as well as county and local government offices in same development. New roofs on each building along with multiple new and refurbished AC units.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,125 SF
Building Class
B
Year Built
1998
Price
£1,644,930
Price Per SF
£162
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
10,125 SF
Building FAR
0.21
Lot Size
1.10 AC
Zoning
None
Parking
25 Spaces (1.31 Spaces per 1,000 SF Leased)

Amenities

  • Wheelchair Accessible

About 201-203 Stillwater , Wimberley, TX 78676

Two building complex currently 100% leased. Area well maintained along with government offices neighboring north and west sides of development in attractive sites. Nearby lots changing hands with further development planned according to local brokers. Two new TPO roofs in past 5 years along with HVAC replacement and reconditioning on nearly all rooftop units.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Communicare Health Ctr
  • -
  • 2,100 SF
  • -
  • -
  • Cypress Creek Church
  • -
  • 900 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Communicare Health Ctr - 2,100 SF - -
Cypress Creek Church - 900 SF - -
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PROPERTY TAXES

Parcel Number R111071 Improvements Assessment £603,091
Land Assessment £94,278 Total Assessment £697,369

PROPERTY TAXES

Parcel Number
R111071
Land Assessment
£94,278
Improvements Assessment
£603,091
Total Assessment
£697,369
(713) 598-5737

Contact

  • Listing ID: 13266215

  • Date on Market: 23/07/2018

  • Last Updated:

  • Address: 201-203 Stillwater, Wimberley, TX 78676

The Office Property at 201-203 Stillwater, Wimberley, TX 78676 is currently available for sale. Contact Beltex Investments, L.P. for more information.

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© 2024 CoStar Group

South River Center | 201-203 Stillwater
(713) 598-5737 x

South River Center | 201-203 Stillwater

Ross Eastman

(713) 598-5737

(713) 598-5737

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