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Address not disclosed Kyle, TX 78640

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$2,400,000
Address not disclosed Kyle, TX 78640
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Address not disclosed, Kyle, TX 78640
Address not disclosed, Kyle, TX 78640
Address not disclosed, Kyle, TX 78640
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Devin Glenn

Devin Glenn

devin@purerealty.com +1(512) 771-5103
$2,400,000
Est. payment /mo
7,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $342

Subdivision 800 Goforth Square

MLS Listing ID 9504732

Year Built 2007

Annual Tax Amount $27,826

Tax Year 2025

Lot Size 0.820 Acres

Acres 0.82

Property Sub-Type Business

Source actris

Property Description

Exceptional Investment Opportunity in the Heart of Kyle, Texas! This 7,000± square foot commercial building is fully leased to a long-term tenant, offering immediate cash flow with a 7.0% cap rate and annual 2% rent increases. The tenant has occupied the property since 2018, has an excellent payment history, and is currently in a long-term lease, making this a turnkey investment opportunity.

Originally designed as a childcare center, the property offers a flexible layout with spacious classrooms, multiple restrooms, administrative offices, and a large commercial kitchen area. A fully fenced outdoor playground with existing playground equipment provides additional value for childcare, educational, or specialty uses should the property ever become available for owner occupancy.

One of the property's hidden gems is the walk-up attic, providing an expansive storage area of nearly half the size of the main building, offering exceptional storage rarely found in commercial properties.

Situated in a well-established professional office complex surrounded by medical and professional businesses, the property enjoys excellent visibility, convenient access, and a prime location just minutes from Interstate 35. The tenant is responsible for many day-to-day property expenses, creating a low-maintenance investment with attractive long-term income potential.

Whether you're completing a 1031 exchange, expanding your investment portfolio, or seeking a quality commercial asset in one of Central Texas' fastest-growing markets, 207 Elmhurst is an opportunity you won't want to miss.

Location

State TX

County Hays

Area Hh

Interior

Heating Central

Cooling Central Air

Flooring Concrete

Fireplace N

Exterior

Utilities Available Electricity Connected, High Speed Internet, Phone Available, Phone Connected, Sewer Connected, Underground Utilities, Water Connected

Accessibility Adaptable Bathroom Walls, Accessible Entrance, Accessible Kitchen, Accessible Kitchen Appliances, Visitor Bathroom, Accessible Washer/Dryer

Total Parking Spaces 10

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Stone

New Construction No

Others

Restrictions City Restrictions,Zoning

Acceptable Financing Cash, Conventional, 1031 Exchange, SBA

Tax Rate 2.42

Listing Terms Cash, Conventional, 1031 Exchange, SBA

Special Listing Condition Standard


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Listed by MAG Real Estate LLC • Destini Evans

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Devin Glenn

Devin Glenn

+1(512) 771-5103

Agent | License ID: 810367

Agent License ID: 810367

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IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

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Devin Glenn License ID: 810367

+1(512) 771-5103 devin@purerealty.com

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