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2951 FM 1460
Georgetown, TX 78626 Georgetown-Leander

$1,075,000 USD

Office Condo For Sale  •  2,000 SF

Property Details

  • Property Type Office
  • Total Building Size 2,000 SF
  • Lot Size 5.75 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 5.77 %
  • Tenancy Single
  • Zoning 3-C-1
0 Transit Score
3 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 101 & 102 Medical Office 2,000 SF $1,075,000 USD
  • Unit Size: 2,000 SF
  • Condo Use: Medical Office
  • Price: $1,075,000 USD
  • Sale Type: Investment
  • Price/SF: $537.50 USD
Description
Highland Vista Office Park is located at the intersection of Westinghouse and FM 1460 across from the TeraVista subdivision on the southern edge of Georgetown.  The park is being built in phases with approximately 70% of the buildings completed.  Once complete, the park will contain a total of 46,000 sq.ft. of commercial space in 18 freestanding buildings.

Sale Notes
100% Triple Net leased to a local dentist on a new 10 year term with 2% annual increases.

PLEASE DO NOT DISTURB THE TENANT.  THE DENTAL PRACTICE IS NOT FOR SALE.  VIEWING IS BY APPOINTMENT ONLY.  PLEASE CONTACT AGENT TO SHOW.

Description 

This is a new 2,000 sq.ft. single story building located on the "Front Row" of the Highland Vista Office Park.  This is a premium lot within the park and and excellent location in a fast growing area.  Construction was completed in mid 2025 and nicely finished out as a high end dental office.  The tenant is 1460 Dental Studio which occupies the entire building.  Highland Vista is a commercial condominium.  All exterior maintenance of the building as well as all the common areas are maintained by the condominium association.  Interior maintenance is handled directly by the tenant.  This is a great passive landlord investment in a new building with a long term lease in place.

Highlights

100% NNN leased on a new 10 year lease to a local dentist
New Construction
Excellent visibility and access to FM 1460
Strong Demographics with Average Household Income within the 1 mile ring over $153,000 and 54,000+ people in the 3 mile ring

Property Flyers

Financial Summary

Cap Rate: 5.77 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
1460 Dental Studio 2,000 SF 7/31/2035

Public Transportation

AirportDriveWalkDistance
Austin-Bergstrom International 51 min - 36.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Ross McIver 512-964-8279 Commerce Realty Advisors
Ross McIver 512-964-8279 Commerce Realty Advisors