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- Contact
- (512) 555-1212
Austin, TX 78736
This outstanding office/warehouse space presents a remarkable 1031 exchange or investment opportunity for savvy investors. The property features two stable NNN lease tenants offering a current cap rate of 7% at an undervalued lease rate, ensuring favorable future returns. Constructed in 2022, the property is thoughtfully divided into two separate units and equipped with a rainwater collection system boasting a 5,000-gallon tank, as well as a shared septic system that is part of the Condo regime. Located in the highly desirable Fitzhugh corridor, this property is strategically situated just minutes away from US 290 & HWY 71 and is only 20 miles from Austin with convenient access to ABIA. Space and yard details include a 3,111sf mezzanine level office space with 3 offices, 1 -12’x14’ grade level bay door, and 1 ground level restroom in Unit #1400, and a 4,361sf mezzanine level office space with 3 offices, 1 -12’x14’ grade level bay door, 1- 16’x16’ grade level bay door, and 1 ground level restroom in Unit #1401. Additionally, there's approximately 6,500sf of yard space, and a pump house/storage room on the side that's spray foamed. Seize the opportunity to acquire this exceptional investment asset boasting great potential for stable returns and steady appreciation.
Listed by Stanberry REALTORS
| MLS ID | ACT5183435 | |
| Status | Active | |
| Days Active | 1124 | |
| Est. Tax | $6,843 | |
| Lot Size | 9.76 | |
| Year Built | 2022 | |
| Total Bedrooms | 0 | |
| 1st Floor Bedrooms | ||
| Full Baths | ||
| Half Baths | ||
| Square Feet | 0 | |
| Price Per SqFt | N/A | |
| Garage Spaces | ||
| Fireplace(s) | ||
| Fireplace Info | ||
| Flooring | Concrete | |
| Stories | ||
| Pool | No | |
| Courtesy of | Stanberry REALTORS (512) 894-3488 | |
| Subdivision | Fitzhugh Town Center Condo | |
| City | Austin | |
| County | Hays | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | ||
| Construction | Concrete, Metal Siding | |
| Foundation | ||
| Fencing | ||
| Elementary School | |
| Middle School | |
| High School |
| Appliances | ||
| Heating | Central | |
| Cooling | Central Air | |
| Exterior Features | ||
| Lot Features | ||
| Community Features | ||
| Patio Features | ||
| Structures | See Remarks | |
| Interior Features | ||
| Courtesy of | Stanberry REALTORS(512) 894-3488 | |
| Fencing Features | ||
| Parking Features | Concrete | |
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