- For Sale $1,550,000
- Property Type Industrial - Flex - Industrial
- Property Size 6,322 SF
- Units 2
- Property Tenancy Multi-Tenant
- Building Class A
- Year Built 2021
- Date Updated Sep 2, 2026
- Dock High Doors 1
- Grade Level Doors 3
- HVAC None
Description
Located off Hwy 290 down Fitzhugh Rd. Southwest of Austin. Prime location. Close by to Dripping Springs and Lake Travis.Excellent opportunity to acquire a **two-suite flex industrial condominium building** offering existing income with substantial space available for an owner-user. With one suite already leased and the larger suite available at closing, this is a **ready-to-go building with income already in place**.
**Suite 1901 – 2,500 SF | Leased**
Suite 1901 is currently leased at **$3,650 per month gross**, increasing to **$3,800 per month beginning May 1, 2027**. The suite features **dock-high loading, 20-foot clear height, and full air conditioning**, providing functional industrial space while generating immediate income for the new owner.
**Suite 1900 – 3,822 SF | Available at Closing**
The owner currently occupies Suite 1900 and will vacate at closing, making the space immediately available for an owner-user or new tenant. The suite offers a flexible layout with **multiple private offices, open workspace, two restrooms, and additional functional areas** suitable for a wide range of office, showroom, service, warehouse, and light industrial uses.
The property also includes approximately **600 SF of additional storage containers in the rear**, providing valuable supplemental storage.
Additional property features include **20-foot clear height, full air conditioning, shared septic system, and rainwater collection**.
This property offers an attractive opportunity for a business owner looking to **own and occupy their real estate while collecting rent from an existing tenant**. Alternatively, a new owner can lease Suite 1900 and operate the property as a fully income-producing flex industrial investment.
**Immediate income. Available owner-user space. Functional industrial features. A turnkey flex property ready for its next owner.**
I’d probably lead the marketing with **“Income-Producing Flex Industrial | 3,822 SF Available for Owner-User”** because that immediately tells buyers why this one is different.
Highlights
- $3,650/Month Gross Rent Increasing to $3,800 May 2027
- 2,500 SF Suite Leased & Producing Immediate Income
- 20' Clear Height
- 3,822 SF Owner-User Suite Available at Closing
- 6,322 SF Two-Suite Flex Industrial Building
- Approximately 600 SF Additional Storage Containers
- Dock-High Loading Suite 1901
- Fully Air Conditioned
- Great Flex Industrial / Office / Warehouse Combination
- Ideal Owner-User + Investment Opportunity
- Immediate Income with Ability to Occupy at Closing
- Multiple Private Offices & Open Work Areas
- Rainwater Collection System
- Shared Septic System
- Two Restrooms in Suite 1900
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Contacts
Guy Oberg
The Oberg Group at Compass RE Texas
Location
Contact Listing Broker
Guy Oberg
The Oberg Group at Compass RE Texas