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Austin, TX 78748
730 W FM 1626 is a stabilized asset, leased to a fiber optic company on a Triple Net lease. The property features a recently remodeled 4,190-square-foot warehouse, a 600-square-foot recently remodeled warehouse, and an additional storage building situated on an approximately 3.36-acre parcel. Net Operating Income currently exceeds $250,000. 4.5% annual base rent escalations translates to a Net Operating Income of over $365,000 in the final year of the lease - 8 years from now. There is a significant value-add component to this investment opportunity, as well. Unrestricted ETJ zoning allows for tremendous redevelopment potential upon vacancy. The property’s positioning off the newly refinished FM 1626 makes it one of the most accessible in the area. It is a half-mile from the heavily trafficked Menchaca Road, two miles from the key central artery of Interstate 35, and under 10 minutes from the 45 Tollway.
Listed by New Home Realty
| MLS ID | ACT6560259 | |
| Status | Active | |
| Days Active | 1061 | |
| Est. Tax | $15,799 | |
| Lot Size | 3.36 | |
| Year Built | 1996 | |
| 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 | New Home Realty (512) 423-5372 | |
| Subdivision | Walker Wilson League | |
| City | Austin | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | ||
| Construction | Concrete, Glass, Spray Foam Insulation, Metal Siding, See Remarks | |
| Foundation | Slab | |
| Fencing | ||
| Elementary School | |
| Middle School | |
| High School |
| Appliances | ||
| Heating | Central, Electric, Exhaust Fan | |
| Cooling | Ceiling Fan(s), Central Air, Electric, Exhaust Fan | |
| Exterior Features | ||
| Lot Features | ||
| Community Features | ||
| Patio Features | ||
| Structures | Shed(s), Storage | |
| Interior Features | ||
| Courtesy of | New Home Realty(512) 423-5372 | |
| Fencing Features | ||
| Parking Features | Detached, Electric Gate, Gravel, Lighted, On Site, Outside, Parking Lot, Private, RV Access/Parking, Secured, Side By Side | |