Building Details

Building Size 8,440 SF

Year Built 1976

Listing Agency: Olivos Group m***@olivosgroup.com Show Phone

Listed By: Matthew W. Shaw · License #0494926 Show Phone

Source: Elliman

Added: Aug 23 Changed: Aug 31 Last Checked: Aug 31 at 2:43PM

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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 Olivos Group

Investment Insights

Based on property information with market context.

This 8,440-square-foot flex property occupies a 0.38-acre hard-corner site and is configured with eight bays. The 1976 building has metal-frame construction, a metal roof, concrete floors, and modern updates. Connected municipal water, sewer, natural gas, and electric service support a range of commercial operations, while off-street parking adds convenience. The space is vacant and available for immediate occupancy. NNN lease terms are negotiable for a 3+ year term.

The property fronts S Main St in historic downtown Lampasas, two blocks from the downtown square. It sits across from the Lampasas Police Department and near the intersection of Highways 183, 281, and 190. WalkScore is 73 and BikeScore is 50, providing a walkable and bikeable surrounding setting.

Key Highlights

• 8,440‑square‑foot flex building on a 0.38‑acre hard corner
• Eight‑bay layout with metal‑frame construction and concrete flooring
• Connected city water, sewer, natural gas, and electric utilities

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Skin Care Clinic Gym & Fitness Center HVAC Service Pharmacy

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

731

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 76550, TX

12,840

Population

6,129

Households

2.1

Avg Household Size

44

Median Age

22%

College-Educated

90%

High-School Grad

541.5 sq mi

ZIP Area

24

Density / Sq Mi

$73,697

Median Household Income

$34,970

Median Earnings

$902

Median Rent

$237,600

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Vacant, updated commercial space with city utilities and off-street parking.

Where is this flex space located?

The property is located at 408 S Main St Lampasas, TX.

What is the lease rate?

The lease rate is $5,985/Mo.

What are key features of this property?

This property features: 8,440‑square‑foot flex building on a 0.38‑acre hard corner; Eight‑bay layout with metal‑frame construction and concrete flooring; Connected city water, sewer, natural gas, and electric utilities