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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

100 Commons Rd Dripping Springs, TX 78620

40,167 SF Built 1986
Property ID
Property summary
AI-generated overview

This exceptional retail center, situated at 100 Commons Rd in Dripping Springs, offers a prime opportunity for businesses seeking high visibility and strong tenant synergy. The property boasts a total of 40,167 square feet across three separate buildings, strategically located at the intersection of Highway 290 and Loop 64, providing excellent access via US Highway 290, Ranch Road 12, and Loop 64. Currently, 1,551 square feet of retail space is available, perfect for a variety of uses. The center features a diverse and successful tenant mix, including the city's only grocery store, pharmacy, daycare, and title company, establishing it as the central hub of Dripping Springs. The property sits on a 5.08-acre lot and includes 155 parking spaces in a recently repaved and restriped asphalt lot. Built in 1986, the buildings feature masonry veneer over a steel structure and concrete slab construction. Recent capital improvements include a completely new roof system. The property is zoned C-4 and utilizes City of Dripping Springs water, septic wastewater, and Pedernales Electric Co-Op electricity. This is a rare opportunity to secure a space in a thriving retail center with exceptional visibility and a strong existing tenant base.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1986
Total area 40,167 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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