Building 2 3601 Davis Ln 6,400 SF 100% Leased Retail Building Austin, TX 78749 $3,235,000 ($505.47/SF) 6.04% Cap Rate
INVESTMENT HIGHLIGHTS
- Suite 100 - Family Medicine Practice. Suite 200 Pediatric Dentist Office.
- Sits on the corner behind a Valero and retail strip center.
- 1.25 miles from MOPAC, minutes from Circle C Ranch and The Lady Bird Johnson Wildflower Center.
- Adjacent to Vincent's Restaurant, Brodie Lane Pharmacy, and Subway Restaurant.
EXECUTIVE SUMMARY
Medical office building for sale - 2 long term tenants, medical office with a 5 year lease + renewals, and a pediatric dental office with a 10 year lease + renewals.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,400 SF
Building Class
B
Year Built
2023
Price
$3,235,000
Price Per SF
$505.47
Cap Rate
6.04%
NOI
$195,387
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.86 AC
Zoning
LR - Neighborhood Commercial - Shopping facilities that provide limited business services and office facilities for the neighborhood.
Frontage
280’ on Brodie Lane
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,566,688 (2023) | |
| Land Assessment | $903,818 (2023) | Total Assessment | $4,470,506 (2023) |
CONTACT
-
Phillip Way -
Way Realty Group
