1017 Ranch Road 620 S, Lakeway TX 78734
About This Property
Gold Tier Real Estate is proud to present a 9,200 multi-tenanted retail/office building in the heart of Lakeway! The building is 100% occupied with a mix of strong service based tenants. Each space is less than 1,425 square feet, making it easy to lease. The pro-forma already shows an attractive 7.89% cap rate, but additionally, there is a clear value-add strategy by increasing the lease rates and converting to NNN over time.
Don’t miss your chance to secure a prime piece of 620 real estate!
**Buyer to conduct all independent research on the property.**
**Broker Disclosure - Broker is a part owner in the property.**
Highlights
Pro Forma 7.89% Cap Rate
Below Market Sales Price
Recently Renovated
Boutique Retail/Office Suites
Service Based Tenants
100% Occupied with Rental Increases
Value-Add Opportunity (Increase Rents & Convert to NNN)
Location
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Property Details
Tax Information
Listing History
| Mar 18, 2024 | Off Market | ||
| Jan 9, 2024 | Price Change | $2,600,000 | |
| Sep 27, 2023 | Listed | $2,800,000 |
| Aug 9, 2023 | Off Market | ||
| Nov 11, 2022 | Listed | $16 |
| Apr 30, 2016 | Off Market | ||
| Sep 2, 2015 | Listed | $875 |
| Apr 21, 2012 | Off Market | ||
| Jan 16, 2011 | Listed | $16 |
| Jan 9, 2012 | Off Market | ||
| Jan 18, 2011 | Listed | $16 |
| Jun 10, 2011 | Off Market | ||
| Jan 18, 2011 | Listed | $16 |
| Dec 28, 2010 | Off Market | ||
| Feb 26, 2010 | Listed | $1,250,000 |
| Nov 8, 2006 | Off Market | ||
| Nov 8, 2005 | Listed | $4,530 |
Frequently Asked Questions About 1017 Ranch Road 620 S, Lakeway TX 78734
When was 1017 Ranch Road 620 S, Lakeway TX 78734 built?
1017 Ranch Road 620 S, Lakeway TX 78734 was built in 1985.
How much does 1017 Ranch Road 620 S, Lakeway TX 78734 cost?
1017 Ranch Road 620 S, Lakeway TX 78734 is currently off market.
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