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250 Highway 290 W

4,204 SF 100% Leased Retail Building Elgin, TX 78621 £1,291,043 (£307/SF) 6.89% Net Initial Yield

Investment Highlights

  • NNN outparcel investment property located on one of Austin’s busiest Highways

Executive Summary

$1,650,000
6.9% cap rate
4,204 SF
Drone Flyover Video

Attachments

2-Tenant Grocery Anchored Strip Center - Elgin, TX Flier

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,204 SF
Building Class
B
Year Built/Renovated
2001/2023
Price
£1,291,043
Price Per SF
£307
Net Initial Yield
6.89%
NOI
£89,012
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.24
Lot Size
0.40 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-1 - C-1 Neighborhood Shopping District
Parking
28 Spaces (6.66 Spaces per 1,000 SF Leased)
Frontage
92 ft on US Highway 290

Amenities

  • 24 Hour Access
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalised Intersection
  • Tenant Controlled HVAC
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • B
  • 1,418 SF
  • Retail
  • -
  • Now
250 Highway 290 W, Elgin, TX for sale Building Photo- Image 1 of 1
Building Photo
Space Size Space Use Position Available
B 1,418 SF Retail - Now

B

Size
1,418 SF
Space Use
Retail
Position
-
Available
Now
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

250 Highway 290 W, Elgin, TX for sale Building Photo- Image 1 of 1
Mi Pueblito Picture

B

250 Highway 290 W, Elgin, TX for sale Building Photo- Image 1 of 1
Building Photo
Size 1,418 SF
Space Use Retail
Position -
Available Now

Links

1 of 1

Nearby Major Retailers

Starbucks
H-e-b
Prosperity Bank
Cadence Bank
Anytime Fitness

PROPERTY TAXES

Parcel Number 85101 Improvements Assessment £459,196
Land Assessment £138,434 Total Assessment £597,630

PROPERTY TAXES

Parcel Number
85101
Land Assessment
£138,434
Improvements Assessment
£459,196
Total Assessment
£597,630
(512) 757-6349

Contact

  • Listing ID: 29995216

  • Date on Market: 08/11/2023

  • Last Updated:

  • Address: 250 Highway 290 W, Elgin, TX 78621

The Retail Property at 250 Highway 290 W, Elgin, TX 78621 is currently available for sale. Contact Haystack Real Estate Partners for more information.

Nearby Listings

1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/2
250 Highway 290 W, Elgin, TX for sale Building Photo- Image 1 of 2
2-Tenant Grocery Anchored Strip Center - Elgin, TX Aerial

1 of 1

Connect with us

© 2024 CoStar Group

250 Highway 290 W
(512) 757-6349 x

250 Highway 290 W

Barret Espe

(512) 757-6349

(512) 757-6349

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