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19832 Panther Dr

2,400 SF Flex Condo Unit Offered at $775,000 in Pflugerville, TX 78660

Investment Highlights

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

Executive Summary

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.

Property Facts

Price $775,000
Unit Size 2,400 SF
No. Units 1
Total Building Size 2,400 SF
Property Type Flex (Condo)
Property Subtype Showroom
Sale Type Investment
Building Class B
Floors 1
Typical Floor Size 2,400 SF
Year Built 2023

1 Unit Available

Unit 202

Unit Size 2,400 SF
Price $775,000
Price Per SF $322.92
Condo Use Flex
Sale Type Investment
Cap Rate 6.27%
NOI $48,592.50
No. Parking Spaces 6
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.

Major Tenant Information

TENANT SF OCCUPIED LEASE END DATE
Scalvy Inc - February 2028

Amenities

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

zoning

Zoning Code No Zoning (No Zoning - Pflugerville ETJ, No Zoning)
No Zoning (No Zoning - Pflugerville ETJ, No Zoning)
  • Listing ID: 34216870

  • Date on Market: 12/16/2024

  • Last Updated:

  • Address: 19832 Panther Dr, Pflugerville, TX 78660

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