Barton Creek Village 2700 Barton Creek Blvd
32,360 SF 100% Leased Office Building Austin, TX 78735 $10,700,000 ($330.66/SF) 6.49% Cap Rate
INVESTMENT HIGHLIGHTS
- OFFICE / MEDICAL / RETAIL TENANCY
- HUGE LAND PARCEL
- ADJACENT TO QUERENCIA AT BARTON CREEK AND BARTON CREEK RESORT AND SPA
- EXCELLENT PARKING WITH PARKING GARAGE
- $277,000 ONE MILE AVERAGE HOUSEHOLD INCOME
- 100 PERCENT LEASED TO LONG TERM TENANTS
EXECUTIVE SUMMARY
PRICE REDUCED! Seller financing might be available , speak to agent for more details. Prime Investment Opportunity - Irreplaceable real estate located in one of the most affluent neighborhoods in Austin (Avg 1 mile household income of $277,000) - Oversized land parcel with excess parking and parking garage (174,140 SF land size) - 8 miles from downtown Austin- Great mix of long term retail/ medical/ and office tenants
- Proximity to Omni Barton Creek Resort Spa (446 rooms) and County Club with 3 championship golf courses- Adjacent to Querencia at Barton Creek, a 38 acre independent senior living facility -Adjacent to new build to suit veterinary development. - Proximity to top rated private schools St Michaels and St Gabriels catholic.
- Proximity to Omni Barton Creek Resort Spa (446 rooms) and County Club with 3 championship golf courses- Adjacent to Querencia at Barton Creek, a 38 acre independent senior living facility -Adjacent to new build to suit veterinary development. - Proximity to top rated private schools St Michaels and St Gabriels catholic.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Building Size
32,360 SF
Building Class
A
Year Built/Renovated
2006/2017
Price
$10,700,000
Price Per SF
$330.66
Cap Rate
6.49%
NOI
$694,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,183 SF
Building FAR
0.19
Lot Size
4.00 AC
Zoning
F1 - Commercial
Parking
132 Spaces (7.2 Spaces per 1,000 SF Leased)
AMENITIES
- Convenience Store
- Dry Cleaner
- Food Service
- Security System
- Signage
- Storage Space
- Central Heating
- High Ceilings
- Secure Storage
- Hardwood Floors
- Outdoor Seating
- Air Conditioning
- Balcony
- Fiber Optic Internet
PROPERTY TAXES
| Parcel Number | 583385 | Improvements Assessment | $7,721,040 |
| Land Assessment | $522,720 | Total Assessment | $8,243,760 |
