Office Building with Covered
For Sale
Contact for pricing
Pending
108 Theodore Specht Dr, Fredericksburg, TX 78624
Recently refreshed professional property with updated HVAC systems, office flooring, and common-area finishes.
Property SizeContact for details
Days on Market143
Property Features for 108 Theodore Specht Dr
General Information
Standard status
Pending
Total Parking Spaces
20
Property subtype
Special Purpose
Additional Details
Office Units
16
Listing Agency:
Century 21 The Hills Realty
Listed By:
John Sawyer · License #TX
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 2:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 The Hills Realty
Investment Insights
Based on property information with market context.
This office building includes 16 dedicated offices, with a potential layout for up to 24 offices through modifications. The current configuration provides 22 working spaces, including cubicles used by the existing tenant. Recent improvements include replacement of all 3 AC systems within the last 2 years, along with new flooring throughout the offices and common area. The property also offers 20 covered parking spaces for staff and visitors.
Located at 108 Theodore Specht Dr in Fredericksburg, TX, the building includes dedicated offices that are currently available for lease. At full occupancy, the property carries an approximately 7% cap rate. The exterior is scheduled for power washing, and the blue trim is slated for repainting.
Located at 108 Theodore Specht Dr in Fredericksburg, TX, the building includes dedicated offices that are currently available for lease. At full occupancy, the property carries an approximately 7% cap rate. The exterior is scheduled for power washing, and the blue trim is slated for repainting.
Key Highlights
- 16 dedicated offices with layout potential for 24 offices after modifications
- 22 working spaces in the current configuration, including cubicles
- 20 covered parking spaces
Property Analytics
Property Profile
Current Use
Lease Details
16
Office units
Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
Explore this area
Business Placement
Demographics for 78624, TX
23,080
Population
12,421
Households
1.9
Avg Household Size
52
Median Age
37%
College-Educated
89%
High-School Grad
742.3 sq mi
ZIP Area
31
Density / Sq Mi
$67,987
Median Household Income
$37,047
Median Earnings
$1,347
Median Rent
$439,600
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Recently refreshed professional property with updated HVAC systems, office flooring, and common-area finishes.
Where is this office building located?
The property is located at 108 Theodore Specht Dr Fredericksburg, TX.
What are key features of this property?
This property features: 16 dedicated offices with layout potential for 24 offices after modifications; 22 working spaces in the current configuration, including cubicles; 20 covered parking spaces
