• 100% leased: four income-producing flex units
• 8.47%–8.56% cap rates | NOI $36,334–$69,262
• Priced from $427,570 to $817,700 | 1,300–2,300 SF
• NNN leases at $25.00–$26.78/SF
• HVAC, private restrooms, mezzanines, 3-phase power, insulated overhead doors
• Diverse tenant mix in the fast-growing Dripping Springs market

Exceptional investment opportunity at Dripping Springs Personal Warehouse, 15431 Fitzhugh Road, Dripping Springs, TX 78620.

Four income-producing industrial flex-space units are available, offering cap rates of 8.47%–8.56%. Purchase prices range from $427,570 to $817,700, with total unit sizes of 1,300 to 2,300 SF (1,000–2,000 base SF). Pricing ranges from $326.39 to $355.52 per SF, with annual NOI of $36,334 to $69,262. Each unit is tenant-occupied on a 24- to 36-month lease, with base NNN rental rates of $25.00–$26.78/SF annually.

These versatile spaces feature HVAC, private restrooms, polished concrete floors, LED lighting, 150-amp three-phase power, mezzanines with LVT flooring, and insulated overhead doors. Select units also offer drive-through access, wet bars, balconies, and additional finish-outs. Tenants span a diverse mix of industries, including digital marketing, semiconductor equipment, automotive performance products, and custom water features.

Located in the fast-growing Dripping Springs market, these properties give investors the chance to acquire leased commercial flex space with established income and attractive cap rates.