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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

12390 State Highway 29 Liberty Hill, TX 78642

2,984 SF 1 ac lot Built 2024
Entity Owned 1-yr Hold
Property ID
US82-0455297
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, single-tenant, 2,984 square foot Jiffy Lube located in Liberty Hill, Texas. The property boasts a 15.1-year absolute NNN lease commencing November 30, 2024, and expiring December 31, 2039, with a 10% rent increase every five years. The current net operating income (NOI) is $236,250, yielding a 5.51% cap rate. Situated on approximately one acre of land with 20 parking spaces, this Class A building features a prime location on Highway 29, a high-traffic corridor with over 28,000 vehicles daily. The property benefits from strong surrounding demographics, including an average annual income exceeding $131,000, and is part of a thriving retail auto mall with national co-tenants like Caliber Collision, AutoZone, Brakes Plus, and Valero. The property is zoned C and includes a 4-bay Multicare prototype design. This is a rare opportunity to acquire a high-performing, long-term net lease investment in one of the fastest-growing markets in the United States. The asking price is $4,290,000, representing a price per square foot of $1,437.67. The lease includes four, five-year renewal options. The property's APN is R-15-5350-010A-0003C.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 2,984 SF
Lot 1 ac (43,560 SF)
UPID US82-0455297
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bighorn Gsa LLC · 1 yrs held
Bighorn Gsa LLC
since 2025
2 recorded transactions
2025
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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