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)
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here to help. If you have any questions
please call us at: 512-651-0505