4674 Priem LnPflugerville, TX 78660

This exceptional 71,137 square foot flex/industrial complex in Pflugerville, TX, presents a compelling investment opportunity. Situated on a 5.05-acre lot at 4674 Priem Lane, this property boasts four single-story buildings constructed between 2004 and 2010, offering 19 sub-units ranging from 1,450 to 9,000 square feet. The complex features 26 grade-level loading doors and 24-foot clearance heights. Currently, 67.93% occupied, the property includes 35,529 square feet of owner-occupied space, currently used for auto sales, painting, and repair. The existing tenant's business shift creates an ideal opportunity for an owner-user, potentially leveraging the existing auto-related infrastructure as an anchor tenant while generating income from the remaining leased units. Alternatively, the property's location near SH-130 and the high demand for industrial space in the area, fueled by the semiconductor industry, makes it an attractive investment prospect. Below-market rents and vacancies offer potential for significant cap rate growth (6% or higher). Several units feature recent upgrades, including LED lighting. Numerous lease renewals, expansions, and new leases are currently in progress. This property offers a unique blend of immediate income generation and significant long-term growth potential.