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19832 Panther Dr
Pflugerville, TX 78660

$775,000 USD

Showroom Condo For Sale  •  2,400 SF

Property Details

  • Property Type Showroom
  • Total Building Size 2,400 SF
  • Building Class B
  • Year Built 2023
  • Cap Rate 6.27 %
  • Tenancy Multiple
  • Zoning No Zoning
0 Transit Score
6 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 202 Flex 2,400 SF $775,000 USD
  • Unit Size: 2,400 SF
  • Condo Use: Flex
  • Price: $775,000 USD
  • Sale Type: Investment
  • Price/SF: $322.92 USD
Description
Photos of similar unit. Panther Commercial Park’s modern designed shell buildings offer owners tremendous flexibility to customize their space and meet their specific needs like showroom, office, warehouse and more. This 1800 sqft unit is fully built out including an additional +/-600 sqft reinforced concrete/steel mezzanine.  Thee office area is approx 550 sqft and includes 2 offices, a break room, and a bathroom.  The warehouse is also fully insulated and has commercial HVAC so it can be used as an office or warehouse space.  The expansive front roof overhang is elevated 22’ above the ground and gently slopes to the back with a roof height of 19’.  The dramatic window line makes quite the impression offering the ability to showcase your business products and services. The buildings are energy efficient with perimeter wall insulation, natural light from the large building front window system, and large frosted glass roll up doors.

Sale Notes
There is an existing NNN lease with 3+ years left on it with 3% escalating base rent annually.

Description 

Panther Commercial Park’s modern designed shell buildings offer owners tremendous flexibility to customize their space and meet their specific needs like showroom, office, warehouse and more.  The expansive front roof overhang is elevated 22’ above the ground and gently slopes to the back with a roof height of 19’. The design allows for the option to add a mezzanine level which can result in 33% additional space. The dramatic window line makes quite the impression offering the ability to showcase your business products and services. The buildings are energy efficient with perimeter wall insulation, natural light from the large building front window system, and large frosted glass roll up doors.

Highlights

Fantastic lease tenant in place
Escalated base rent annually
3 Phase Power, High Speed Internet, Community High Dock, 14' Frosted Glass Grade Level Door

Financial Summary

Cap Rate: 6.27 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Scalvy Inc 2/29/2028

Amenities

  • 24 Hour Access
  • Mezzanine
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet

Public Transportation

AirportDriveWalkDistance
Austin-Bergstrom International 36 min - 27.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Lee Idom 512-993-0071 JP and Associates
Lee Idom 512-993-0071 JP and Associates