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Value-Add Industrial/Office | Owner-User 1606 Headway Cir

27,500 SF Office Building Austin, TX 78754 $5,200,000 ($189/SF)

Investment Highlights

  • Rare Value-Add Industrial Opportunity in Austin, Texas
  • Below Replacement Cost at $189/SF
  • Immediate Access to Hwy 183 and Hwy I35
  • New Exterior Paint 2024 | New Roof and Resurfaced Parking Lot in 2019
  • Durable Tilt-Wall Construction and Open Floor Plan
  • Ideal For Owner/User and Current MTM Lease Allows Flexibility For New Tenant

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 27,500 SF Headway Professional Building With an Open Floor Plan at 1606 Headway Circle in Austin, TX. This Property is Located in the Walnut Creek Business Park and is Ideal For an Owner/User or as a Value-Add Industrial/ Office Acquisition. 

In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

Attachments

Marketing OM

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
27,500 SF
Building Class
B
Year Built
1983
Price
$5,200,000
Price Per SF
$189
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
13,750 SF
Slab To Slab
12’
Building FAR
0.41
Land Acres
1.55 AC
Zoning
IP, Austin
Parking
80 Spaces (4.5 Spaces per 1,000 SF Leased)

Amenities

  • Property Manager on Site
  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
232791
Land Assessment
$473,417 (2023)
Improvements Assessment
$2,261,785 (2023)
Total Assessment
$2,735,202 (2023)
  • Listing ID: 33531511

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 1606 Headway Cir, Austin, TX 78754

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