Turnkey Medical Office Near Major Hospital | 4409 Manchaca Rd
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Turnkey Medical Office Near Major Hospital 4409 Manchaca Rd
1,965 SF Vacant Office Building Online Auction Sale Austin, TX 78745
Investment Highlights
- This vacant freestanding medical office includes exam rooms, a lobby with reception, and front space that can be used for sales or consultations.
- Key property features include bright interiors, high ceilings, warm plank flooring, and visibility to 28,000 vehicles daily on Menchaca Road.
- Located with easy access to South Congress and Barton Creek Greenbelt for recreation and attractions, and just 4 miles from Downtown Austin.
- Strategically placed off TX Highway 290, within minutes of St. David’s South Austin Medical Center and many complementary medical practices.
- Property is within minutes of household name retailers, including Target, LA Fitness, Chick-fil-A, Dutch Bros Coffee, Olive Garden, and more.
Executive Summary
Dovetail Commercial Real Estate is pleased to present 4409 Menchaca Road, a rare opportunity to acquire a fee simple medical office property in the highly sought-after Menchaca neighborhood of Austin, Texas.
This 1,965-square-foot, freestanding medical office offers a versatile layout for healthcare businesses, including multiple exam rooms, a welcoming lobby with a reception desk, and a front retail space. The vibrant property exudes a calming and inviting atmosphere with its bright interior spaces, high ceilings, and warm plank flooring. The building’s 0.22-acre lot is outfitted with 10 surface parking spaces and enjoys visibility to nearly 28,000 vehicles daily on Menchaca Road. Delivered vacant, this property is perfect for users seeking prime operational space or investors targeting a value-add asset in a thriving submarket.
4409 Menchaca Road’s strategic location off Texas Highway 290 provides tenants with exceptional connectivity to South Austin’s medical and retail hubs. The St. David’s South Austin Medical Center, a major healthcare provider, is less than five minutes away, surrounded by numerous complementary medical practices that foster synergy for healthcare tenants. The area also offers abundant retail and dining amenities, including Target, Randall’s, LA Fitness, Dutch Bros Coffee, Olive Garden, and the newly renovated Barton Creek Square Mall with over 155 retail locations. Located just 4 miles south of Downtown Austin, the property benefits from the laidback charm of the Menchaca neighborhood while providing convenient access to vibrant city attractions like South Congress Avenue and outdoor recreation at Williamson Creek Greenbelt and Barton Creek Greenbelt.
Don’t miss this opportunity to secure a quality medical office in one of South Austin’s most dynamic and growing neighborhoods. Contact Dovetail Commercial Real Estate to schedule a tour of 4409 Menchaca Road and explore the potential of this exceptional asset.
This 1,965-square-foot, freestanding medical office offers a versatile layout for healthcare businesses, including multiple exam rooms, a welcoming lobby with a reception desk, and a front retail space. The vibrant property exudes a calming and inviting atmosphere with its bright interior spaces, high ceilings, and warm plank flooring. The building’s 0.22-acre lot is outfitted with 10 surface parking spaces and enjoys visibility to nearly 28,000 vehicles daily on Menchaca Road. Delivered vacant, this property is perfect for users seeking prime operational space or investors targeting a value-add asset in a thriving submarket.
4409 Menchaca Road’s strategic location off Texas Highway 290 provides tenants with exceptional connectivity to South Austin’s medical and retail hubs. The St. David’s South Austin Medical Center, a major healthcare provider, is less than five minutes away, surrounded by numerous complementary medical practices that foster synergy for healthcare tenants. The area also offers abundant retail and dining amenities, including Target, Randall’s, LA Fitness, Dutch Bros Coffee, Olive Garden, and the newly renovated Barton Creek Square Mall with over 155 retail locations. Located just 4 miles south of Downtown Austin, the property benefits from the laidback charm of the Menchaca neighborhood while providing convenient access to vibrant city attractions like South Congress Avenue and outdoor recreation at Williamson Creek Greenbelt and Barton Creek Greenbelt.
Don’t miss this opportunity to secure a quality medical office in one of South Austin’s most dynamic and growing neighborhoods. Contact Dovetail Commercial Real Estate to schedule a tour of 4409 Menchaca Road and explore the potential of this exceptional asset.
Data Room Click Here to Access
- Operating and Financial Statements
- Title
- Purchase Agreement
Market Analytics Click Here to Access
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Market Sale Price per SF
Austin - TX USA
Market Cap Rate
Austin - TX USA
Market Sale Price per SF by Star Rating
1 - 2 Star
3 Star
4 - 5 Star
Market Cap Rate by Star Rating
1 - 2 Star
3 Star
4 - 5 Star
Market Sale Price per SF Distribution
Market Cap Rate Distribution
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Property Subtype
Medical
Building Size
1,965 SF
Building Class
C
Year Built
1978
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,965 SF
Building FAR
0.20
Lot Size
0.22 AC
Zoning
NO-V-NP - Neighborhood Office/Medical/Software Development/Professional Offices/Art Gallery or Workshop/Admin or Business Office
Parking
10 Spaces (5.09 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (80)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2024 Population
18,089
125,532
347,933
2020 Population
17,420
119,554
332,867
2029 Population
19,627
136,462
377,555
2024-2029 Projected Population Growth
8.5%
8.7%
8.5%
Daytime Employees
10,798
72,346
265,561
Total Businesses
1,829
9,185
26,987
Average Household Income
$94,782
$107,708
$108,599
Median Household Income
$71,460
$79,356
$79,531
Total Consumer Spending
$262.8M
$1.9B
$4.9B
Median Age
36.8
36.8
34.9
2024 Households
9,235
60,789
157,747
Percent College Degree or Above
41%
35%
33%
Average Home Value
$591,837
$615,461
$602,978
zoning
Zoning Code | NO-V-NP (Neighborhood Office/Medical/Software Development/Professional Offices/Art Gallery or Workshop/Admin or Business Office) |
NO-V-NP (Neighborhood Office/Medical/Software Development/Professional Offices/Art Gallery or Workshop/Admin or Business Office) |
PROPERTY TAXES
Parcel Number | 509259 | Improvements Assessment | $636,195 |
Land Assessment | $387,600 | Total Assessment | $1,023,795 |
PROPERTY TAXES
Parcel Number
509259
Land Assessment
$387,600
Improvements Assessment
$636,195
Total Assessment
$1,023,795
Sale Advisor
Sale Advisor
Lawson Pedder, Commercial Advisor
(512) 354-5144
Contact
Lawson brings a great deal of experience as both owner and advisor to the team at Dovetail Commercial Real Estate. He focuses on tenant and landlord representation as well as owner/user acquisition, disposition and investment sales.
An Austin native, Lawson earned his degree from the University of North Texas prior to his seven year tenure with Southwest Strategies Group, one of Austin’s top development and brokerage firms. He purchased his first investment property at the age of 24 and was quickly drawn to the real estate business, representing and advising a variety of clientele while simultaneously garnering experience as a real estate buyer, owner and landlord. Currently, Lawson manages his own portfolio of Austin-area properties, bringing to the table a wealth of experience in client advocacy.
An Austin native, Lawson earned his degree from the University of North Texas prior to his seven year tenure with Southwest Strategies Group, one of Austin’s top development and brokerage firms. He purchased his first investment property at the age of 24 and was quickly drawn to the real estate business, representing and advising a variety of clientele while simultaneously garnering experience as a real estate buyer, owner and landlord. Currently, Lawson manages his own portfolio of Austin-area properties, bringing to the table a wealth of experience in client advocacy.
About the Auction Platform
Ten-X Commercial is the leading end-to-end digital transaction platform for commercial real estate. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
Read More
Auction Contact
Emily Walper
Contact
Auctioneer License:
Ten-X Commercial, LLC Todd Siegel RE Brkr 9004662
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Transaction Fee Schedule
Based on Percentage of Winning Bid Amount.
Winning Bid Amount
Transaction Fee
$0m to < $1m
5.00% ($20,000 min)
$1m to < $3m
3.00%
$3m to < $5m
2.50%
$5m to < $10m
2.25%
$10m to < $15m
2.00%
$15m to < $25m
1.75%
$25m to < $35m
1.50%
$35M to < $45M
1.00%
$45M to < $55M
0.75%
$55M and Up
0.50%
Example Calculation
Winning Bid Amount
$4,000,000
Transaction Fee
$100,000 (2.5%)
Total Purchase Price
$4,100,000
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Turnkey Medical Office Near Major Hospital | 4409 Manchaca Rd
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