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Mixed-Use Facility with Courtyards
For Lease
$24 SF/Yr NNN

400 W Old Hwy 290, Dripping Springs, TX 78620

The building combines private rooms, extensive meeting and office areas, dining facilities, and fitness space.

Space Size16,006 SF
Lot Size22.70 Acres
Days on Market173

Property Features for 400 W Old Hwy 290

General Information

Standard status Active
Size 16,006 SF
Net Rentable 16,006 SF
Lot size 22.70 Acres
Property subtype Mixed Use
Lease Type NNN

Space & Availability

Available Space 16,006 SF
Contiguous Space 16,006 SF

Lease Terms

Lease Rate $24 /USD/SF/YR
Monthly Rent $32,012
Rent per SF/Year $24

Site & Location

Road Access Yes
Utilities to Site Yes

Amenities

17 rooms
22 Bathrooms
4 showers
spacious dining room
kitchen
large fitness room
meeting rooms
waiting areas
offices
courtyards

Building Details

Building Size 16,006 SF
Year Built 2001
Listing Agency: David Foster, Broker
Listed By: David Foster · License #0519039
Source: Denpg
Added: Apr 20 Changed: Oct 1 Last Checked: Oct 7 at 4:34PM

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 David Foster, Broker

Investment Insights

Based on property information with market context.

Available for lease, this 16,006-square-foot facility was built in 2001 and contains 17 rooms and 22 bathrooms, including 4 showers. Interior spaces include a dining room and kitchen, fitness room, meeting rooms, waiting areas, and offices, with courtyards also on site. The building previously served a memory care provider and a private school. Potential uses identified for the property include assisted living, memory care, rehabilitation, medical, office, wellness, educational, and religious uses.

The facility sits on a 22.7-acre lot in Dripping Springs, across from Dripping Springs High School and along Roger Hanks Parkway. Approximately 4 acres are included with the lease; additional land may also be available. City water and an aerobic septic system serve the property. The lease structure is NNN.

Key Highlights

  • 16,006‑square‑foot building constructed in 2001
  • 17 rooms and 22 bathrooms, including 4 showers
  • Approximately 4 acres included with lease; facility is on a 22.7‑acre lot

Property Analytics

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Current Use

Assisted living facilities

Suggested Use

Top Pick Electrical Service Locksmith (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby

Demographics for 78620, TX

20,493
Population
7,929
Households
2.6
Avg Household Size
43
Median Age
62%
College-Educated
97%
High-School Grad
175.6 sq mi
ZIP Area
117
Density / Sq Mi
$146,551
Median Household Income
$58,583
Median Earnings
$1,674
Median Rent
$624,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The building combines private rooms, extensive meeting and office areas, dining facilities, and fitness space.
Where is this mixed-use property located?
The property is located at 400 W Old Hwy 290 Dripping Springs, TX.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 16,006‑square‑foot building constructed in 2001; 17 rooms and 22 bathrooms, including 4 showers; Approximately 4 acres included with lease; facility is on a 22.7‑acre lot
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