Retail•Strip Center•For Sale

Plum Creek Plaza

1710 South Colorado Street, Lockhart, Texas 78644

Sale Price $3,250,000 ($127.89 /SqFt)
Sale Type Investment
Bldg Type Multi-Tenant
Class B
Status Existing
Year Built 1986
Stories 1
Cap Rate 7.16%
Total Avail 25,412 SqFt
RBA 25,412 SqFt
Land Area .6 Acres
Market Austin
67% national brand tenancy on staggered lease expirations. At $127.89 PSF, priced well below replacement cost. With the opening of the SH-130 toll road, Lockhart is poised for explosive growth. Pad site available to be sold or developed for additional income, as a value add part of the acquisition.
  • NOI 2017: $232,642.25
  • CAP RATE: 7.16%
9/13/2018 12:00:00 AM 9/20/2018 10:06:29 PM

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