Fairlane Coffee and Cocktails
Retail | 5.11% CAP | 2,429 SqFt
Marketing description
FOR SALE: FULL 51% COCKTAIL BAR AND FOOD TRUCK COURT
Offering Summary
Price: $2,350,000
Cap Rate: 5.1%
Lease Expiration: 1/31/2033
Current Use: Coffee, cocktails,
and food truck lot
Building Size: 2429 SF
Land Area: 68681 SF (1.58 AC)
Parking Spaces: 84 (1:29)
Details:
Long term tenant in place - through 2033
Children’s play area
Ample parking – 84+ spaces
Great outdoor space - multiple hundred-year-old oak trees on site
Walking proximity from Founder’s Ridge, Cortaro, Legacy Trails, and Springlake subdivisions and Harrison Ranch Park Event Center
One mile to downtown Dripping Springs, 20 minutes to Bee Cave, with quick access to US Hwy 290 W, Ben White / Hwy 71
Investment highlights
Rare opportunity to acquire a stabilized, income-producing hospitality asset in one of the Texas Hill Country's fastest-growing submarkets. This 2,429 SF building sits on 1.58 acres with 84+ parking spaces and operates as a full-service cocktail bar and food truck court — anchored by a long-term tenant with a lease running through January 2033.
With in-place cash flow, a sub-decade lease term, and a highly defensible location in a supply-constrained Hill Country corridor, this asset offers an investor a low-management, stabilized yield with meaningful upside at lease rollover.
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