Walgreens - Bastrop, TX

Located at a signalized intersection on the southeast corner of Highway 71, a six-lane freeway, and Tahitian Drive, a four-lane thoroughfare.

 

Other retailers in the immediate area include Days Inn, a Chrysler, Dodge and Jeep Dealership, Enterprise Rent-a-Car, Panda Express, and Tahitian Village Market. 

 

Lost Pines Golf Club is located directly to the north of the site.

 

The site is located two blocks south of the office of the Texas Department of Assistive and Rehabilitative Services. The site is located at the border to Bastrop State Park and Lake, a beautifully wooded oasis located on the outskirts of Bastrop city limits which is just 24 miles east of Austin, TX. Because of the presence of the State Park, the immediate area is scarcely populated providing natural barriers to entry.

 

Tahitian Village, a new country living housing development is located near the subject site and currently under construction, with a potential for five phases of development pending. See aerial photo for more details of its proximity to the subject site.

 

Also in the area is the Lost Pines Hyatt Resort which beckons visitors from all over the world to participate in kayaking, biking, and other outdoor leisure activities like a world championship golf course (Wolfdancer).

Additional Info

  • Address: : Texas 71 and Tahitian Dr., Bastrop, TX 78602
  • Price: : $8,290,000
  • Net Rentable Area: : 14,820
  • Lot Size (Acres): : 1.48
  • CAP Rate: : 5.85%
  • Price Per Sqft: : $574.16
  • NOI: : $485,000
  • Year Built: : 2011
  • Status: : Available

What Clients Are Saying                                     
 

"I want to thank for your part in helping us achieve our sale leaseback goals for 2009. We are pleased with the balance you helped us achieve between sales price, rent and overall cap rate. I would not hesitate to recommend you and your firm to other potential clients. Feel free to use me as a reference."
Joe Cirelli/The Pep Boys Manny, Moe & Jack

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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