Building 7 | 3503 Wild Cherry Dr
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Building 7 3503 Wild Cherry Dr
2,729 SF 100% Leased Office Building Lakeway, TX 78738 $1,417,482 ($519/SF) 6.15% Cap Rate
Investment Highlights
- Two-Tenant Medical Office | Owner-User Opportunity | NNN Leases | 100% Leased
- Austin Metro Area | 30 Minutes from Downtown Austin and Austin Bergstrom Airport
- Prime Location with close proximity to The Hills Country Club, Falconhead Golf Club, Lake Travis High School
- 2,729 SF | Free-Standing Individual Structure Professional Office Complex
- Prestigious Demographic in Bee Cave | Average HH Income $236,000+ in 5-mile radius
- Situated near major retailers like Target, Home Depot, H-E-B, and Walgreens and more
Executive Summary
TREK Investment Group is pleased to offer for sale Cherry Peak Office Complex. Cherry Peak offers an investor an exceptional opportunity to acquire an investment or owner-user medical office featuring NNN Leases, situated in Bee Cave, a highly sought-after affluent community in the Austin metro area.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,729 SF
Building Class
A
Year Built
2020
Price
$1,417,482
Price Per SF
$519
Cap Rate
6.15%
NOI
$87,175
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,729 SF
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,699,894 | |
| Land Assessment | $680,822 | Total Assessment | $2,380,716 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$680,822
Improvements Assessment
$1,699,894
Total Assessment
$2,380,716
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Building 7 | 3503 Wild Cherry Dr
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