Type
Commercial
Status
For Sale
Price
$3,115,000
Represented by
Michael Bullard & Michael Covey
8305 Hwy 71 West
Austin, TX 78702
For Sale at $3,115,000
2023 NOI = $155,282.46 (inclusive of a management fee)
10,000 square feet of improvements sitting on 1.41 acres of land per appraisal district.
Zoning: LR-NP
Ground Floor retail is +/-6,000SF split among 4 current tenants on NNN leases.
Upstairs Executive Offices is +/-4,000SF split among 7 current tenants on Gross leases.
Landlord provides Executive Offices secure access, common conference room, bathrooms and break room.
This investment offers stable income and ample opportunity for upside with longstanding tenants at below-market rental rates.
