For Auction

Class-A Office & Warehouse | Owner-User, Expansion Land

909 Mountain Lion Circle,
Harker Heights, TX 76548

Asset Snapshot

Real Estate
Asset Type
Office
Property Type
Industrial
Additional Types
2009
Year Built
42
Parking Spots
3.93 Acres
Land Area
10,108 SF
Property Size

Investment Highlights

Class A Office and Warehouse Built in 2009
Approximately 10,108 SF with an estimated 75% office and 25% warehouse split and one dock door.
Vacant Delivery for Owner-User or Lease-Up
Floor plan suits office, dental, healthcare, daycare, showroom, contractor, or government users.
1.53-Acre Adjoining Parcel for Expansion
Site pairs 2.40 acres zoned B-3 Local Business with an adjoining 1.53-acre R1 residential parcel.
94.8% Occupied Office Market Within 10 Miles
Vacancy fell to 5.2% with 71.7K SF of 12-month net absorption and no space under construction.
116,399 Residents Within Five Miles
Five-mile population grew from 102,556 in 2020 and is projected to reach 138,015 by 2029.

Offering Summary

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 909 Mountain Lion Circle is a vacant, Class A office and warehouse building in Harker Heights, Texas. Built in 2009, the approximately 10,108 SF building is estimated at 75% office and 25% warehouse, with one dock door and 42 parking spaces. The built-out floor plan includes reception and waiting areas, a large conference room, private offices, open team areas, break and production rooms, and a warehouse bay. Delivered 0% occupied, the property suits an owner-user or a buyer seeking to lease space, with a layout fit for executive and administrative office, dental, healthcare, daycare, showroom, contractor, and government users. The 3.93-acre site combines 2.40 acres zoned B-3 Local Business with an adjoining 1.53-acre R1 parcel, providing land for future expansion. The 10-mile office market is 94.8% occupied, with 71.7K SF of 12-month net absorption, no space under construction, and market asking rents of $23.50/SF. More than 116,000 residents live within five miles, with average household income of $91,372, and the site is 9.8 miles from Fort Hood.

Due Diligence

Location

909 Mountain Lion Circle sits just off E FM 2410 in Harker Heights, Texas, 9.8 miles from Fort Hood. The surrounding corridor includes Walmart Neighborhood Market, Starbucks, Dollar General, and Southstar Bank, with Harker Heights High School nearby. Waco is 57 miles northeast and Austin 68 miles south, placing the site in a Central Texas submarket with 5.2% office vacancy.

9.8 Mi
Distance to Fort Hood
$23.50/SF
Office asking rent within 10 miles
$105,500
Avg household income within 3 miles

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

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Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: 10344

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Auction Opens In
44d 17h 17m 14s
$300,000
Starting Bid
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Bidding Opens
Bidding Closes

Investment Sales Brokers

Doug Diffie
Marcus & Millichap
TX License: 656858
CB
Carter Blankner
Marcus & Millichap
TS
Tim Speck
Marcus & Millichap
TX License: 9017122-BB

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.