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32931492
32931491

1700 Ranch Road 620 South, Lakeway, TX 78738

JH
TX-696888
CSA Realty Group
Listed by CSA Realty Group
$1,790,000
6 days on market
Updated 6 days ago

1700 Ranch Road 620 South

Details
Property Type Retail, Office
Sub Type Medical Office
Square Footage 5,016
Net Rentable (SqFt) 3,000
Tenancy Single
Price per SqFt $337
Class C
Year Built 1998
Year Renovated 2022
Stories 1
Parking Spaces 7 spaces
Parking Per SqFt 1.40
Investment Type Stabilized

Retail | 5,016 SqFt

Marketing description

CSA Realty Group is excited to present a single-story retail/medical office for sale in Lakeway, Texas, part of the Austin Metro area. Constructed in 1998 and recently renovated in 2022, this property offers a 3,000 square feet of rentable space within a 5,016 square feet building. An optometrist serves as a co-tenant, and tenants have access to shared facilities such as two bathrooms, a break room, and a shower. In addition, there's a separate, in suite bathroom as well. The strategic location of the property, less than 100 feet from the soon-to-be-expanded RR 620, enhances its visibility. The upcoming construction of a 270-unit multifamily community, The Square at Lohmans, is set to alter Lakeway's traffic flow positively for the property. Additionally, proximity to HEB Supermarket and various nearby restaurants and venues makes this medical office an attractive prospect. Lakeway, nestled in the picturesque Texas Hill Country, boasts a resort-like setting with amenities like golf courses, tennis courts, marinas, a private airport, and ample green spaces, making it a highly regarded community just west of Austin with the acclaimed Lake Travis ISD school system.

Location Description

Conveniently located on Ranch Road 620 in the Heart of Lakeway, this property has direct access from Rand Road 620 south bound and sits in front of one of Lakeway’s newest retail developments, The Oaks at Lakeway. Just to the south is Lakeway's only HEB Grocery Store.

The City of Lakeway and neighboring town Bee Cave to the south, are two of the fastest growing communities just west of Austin in Travis County.

Planned for completion Fall of 2025, will be the Square at Lohmans, located behind 1700 RR 620 with plans for Main Street to be connected with the new development and come out onto 620, just south of the subject property.

Investment highlights

  • Excellent visibility with HWY 620 frontage
  • Over 42,000 vehicles per day
  • Great ingress and egress from HWY 620 and neighboring shopping centers
  • Perfectly situated at the mouth of Lohmans Square just north of Main Street
  • Great site for retail or medical office
  • Less than 5 minutes from Baylor Scott and White regional medical center
  • Lakeway Vision Associates as co-tenant
  • Shared restrooms and break room in Condominium
  • Building partially demoed and ready for the next user's improvements
  • Owner financing available 

Listing Contacts

JH
TX-696888
CSA Realty Group
Listed by CSA Realty Group

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