For Lease.

We have the last premium space for lease in this amazing center at 2690 East US 290 in Dripping Springs, Texas 78620.

There is a 3840 sq ft space available that could be used for a restaurant, professional space or a medical clinic.

As a restaurant space it includes a spectacular outdoor covered porch with a huge view of the Texas Hill Country. In addition, and included without charge, is an outdoor area below the porch that can be used for a childrens play area, dog friendly seating, or just additional seating. The grease trap is in place and included. The septic was designed for a restaurant. The bathroom toilet plumbing is roughed in, as well as some kitchen floor drains. There is a generous slab leave out for simple kitchen construction. The space stands higher, and with different finish to the rest of the center making it well defined and very obvious.

This 4000 sq ft space is not exclusively available for a restaurant but would be excellent space for an architect, flooring and tile store, window store or even a medical clinic. We are looking for professional services like doctors offices of all kinds. We welcome MD's, optometrists, chiropractors and other specialties.

A dental clinic already occupies the end cap facing the hotel. Dr Trisan Cheung has a beautiful, extremely professional clinic in operation already.

The adjacent space has been leased and is in the process of build out. It will be a high end med spa called Face to Face, that has other locations in the Austin area.

The center was designed by Gary Payne and team of Enviroplan Architects Planners, who are the same architects that did Deep Eddy just down the street.  The center was conceptualized to stand out and differentiate itself from the ordinary shopping centers along US 290. It is unusual and yet very approachable..

A good balance sheet and credit report is needed. Multi-year leases, starting at 5 years, are expected. We need people who want to put in quality businesses, with quality finish out.  

The rent is under the market for the area which is in the $35 sq ft range. The rent for the 3840 sq ft is $31 per sq ft. Triple net leases expected to be $8.50-$10.00 depending on final costs. This does include sewage.                   

A tenant improvement allowance of $20 sq ft has been designated depending on length of the lease.

Please contact me if you want to be in a first class space, with excellent visibility and easy access from US 290, and feel that you fit well with the business model of the center.

More photos at http://www.loopnet.com/for-lease/dripping-springs-tx/?e=u

Chase Katz

832 573 7285

chasekatz@yahoo.com

Kevin Katz

832 573 6013

kevinkatz@aol.com

Area.

If you have seen our sign you obviously know that the area is extremely dynamic.  US 290 has a very high traffic count and being located at a traffic light makes it possible to take advantage of this asset. We are at the corner of Hays Country Acres Rd and the new Headwaters Boulevard, which is directly across 290. The site is just to the west, and adjacent, to the Sleep Inn & Suites. 

The Sleep Inn & Suites is very successful with extremely high occupancy rates. Dripping Springs area is one of the main wedding destinations in the Hill Country with many event spaces around the property. The city is expanding with a lot of new residential and commercial activity.

All you have to do it look at the website of the Headwaters community that has opened across the road to know how amazing this location is for business. There will be about 5000 upscale homes with possibly 10000 residents who will exit their subdivision with a direct view of your location as they wait for the traffic light to change. They already have their signs up for the retail development across the street from our property.

https://liveheadwaters.com/

Additionally a mixed use development of about 80 acres across the street and slightly to the west has broken ground with site work ongoing. The area is exploding in a quality, sophisticated manner.     We were recently notified of a permit application for a 175 apartment complex across the road. 

The Blue Blazes Ranch to the west is an huge exciting development. 

http://blueblazesdevelopment.com/wp-content/themes/blueblazes/assets/blue_blazes_flyer_final.pdf

Demographic data on Dripping Springs including population breakdown and earnings can be found on the following website.

http://www.areavibes.com/dripping+springs-tx/demographics/