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Newman Business Park

4 Properties Offered at $2,200,000 in Austin, TX

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Investment Highlights

4 buildings on 1 acre tract
Excellent location
Tremendous Growth Area

7 Leases
High Traffic Count

Executive Summary

This investment property consists of a blend of boutique retail tenants and office product. The property is 80% leased with half leases on month to month basis. The property conveys approximately 1 acre of land in a great location.

Newman Business Park - Brochure

Taxes & Operating Expenses (Actual - 2023)	Annual
Gross Rental Income	-
Other Income	-
Vacancy Loss	-
Effective Gross Income	-
Net Operating Income	$132,000

Taxes & Operating Expenses (Actual - 2023)

Gross Rental Income
Annual	-

Other Income
Annual	-

Vacancy Loss
Annual	-

Effective Gross Income
Annual	-

Net Operating Income
Annual	$132,000

Property Facts

Price	$2,200,000	Status	Active
Price / SF	$347.94 / SF	Number of Properties	4
Sale Conditions	Bulk/Portfolio Sale	Individually For Sale	0
Cap Rate	6%	Total Building Size	6,323 SF
Sale Type	Investment	Total Land Area	1.00 AC

Price	$2,200,000
Price / SF	$347.94 / SF
Sale Conditions	Bulk/Portfolio Sale
Cap Rate	6%
Sale Type	Investment
Status	Active
Number of Properties	4
Individually For Sale	0
Total Building Size	6,323 SF
Total Land Area	1.00 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
Bldg I 9414 Anderson Mill Rd, Austin, TX 78729	Office	3,273 SF	2002	-
Bldg III 9414 Anderson Mill Rd, Austin, TX 78729	Retail	600 SF	1950	-
Bldg IV 9416 Anderson Mill Rd, Austin, TX 78729	Retail	650 SF	1950	-
Bldg II 9414 Anderson Mill Rd, Austin, TX 78729	Retail	1,800 SF	1950	-

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