Retail Space For
21320 I-35 Kyle, TX 78640
For Sale
Contact for pricing
Prime retail space available for purchase.
Property Size18,967 SF
Price / SF$474.51
Days on Market1080
Property Features for 21320 I-35
General Information
- Standard status
- Active
- Size
- 18,967 SF
- Property subtype
- Retail
Listing Agency:
SRS Real Estate Partners DALLAS/FT. WORTH
(214) 560-3285
Listed By:
Ryan Johnson · License #TX 525292
Source:
Crexi
Added: Aug 10, 2023
Changed: Jul 6
Last Checked: Jul 23 at 9:27AM
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 SRS Real Estate Partners DALLAS/FT. WORTH
Investment Insights
Based on property information with market context.
This retail space, encompassing 18967 square feet, is available for sale. The property is located in Kyle, Texas.
Key Highlights
- For Sale
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $493.9k | $26.04 |
| − Vacancy | −$16.8k | −$0.89 |
| EGI | $477.1k | $25.15 |
| − OpEx | −$143.1k | −$7.55 |
| NOI | $334.0k | $17.61 |
18,967 SF · lease $26.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.77M
$4.17M – $5.57M
NOI $333,976 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.93M
$6.94M – $9.25M
NOI $555,008 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Prime retail space available for purchase.
Where is this retail space located?
The property is located at 21320 I-35 Kyle, TX.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: For Sale
