Oak Terrace Building 1 9811 S IH-35
5,034 SF 100% Leased Office Building Austin, TX 78744 $1,839,000 ($365/SF) 6.28% Cap Rate



INVESTMENT HIGHLIGHTS
- High Visibility
- Located near major South Austin retailers
- Property management is already in place
- Fully leased
- Direct access to I-35
EXECUTIVE SUMMARY
Prime investment opportunity in South Austin. Fully leased, 5,034 sq. ft. medical/office building offering an excellent investment with strong income potential and minimal maintenance needs. This property showcases high-visibility frontage and is positioned close to major South Austin retailers and business hubs. It’s ideally located with direct access to I-35 providing convenient access for tenants and clients. The layout is optimized for medical and office use with lobby waiting areas, private rooms, bathrooms, and storage space. Property management is already in place, ensuring a smooth transition. 3% annual rent escalations
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Building Size
5,034 SF
Building Class
B
Year Built
2012
Price
$1,839,000
Price Per SF
$365
Cap Rate
6.28%
NOI
$115,428
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,034 SF
Building FAR
0.02
Lot Size
6.27 AC
Zoning
C-3
Parking
40 Spaces (7.95 Spaces per 1,000 SF Leased)
1 of 1
PROPERTY TAXES
Parcel Number | 431146 | Improvements Assessment | $0 |
Land Assessment | $5,771,264 | Total Assessment | $5,771,264 |