Rare Austin Prime Office + Warehouse Property with 6.25% Cap Rate Available Now!
Exciting opportunity alert! A rare combination of prime office and warehouse space in Austin is now available for purchase. The property features industrial-grade high-ceiling doors, air conditioning, and 46 parking spaces, all with convenient access to major highways.
Here are some quick details about the property:
Size: 15,700 sq. ft.
Year Built: 1985
Lease: NNN – Renews at the end of 2027
Locked-in annual Rent Increase: 2.5%
Asking Price: $3,768,000
NOI: $235,500
Cap Rate: 6.25%
The tenant is a public company with a long triple-net lease and stable income, making this a highly sought-after investment opportunity. Plus, with an annual rent increase of 2.5%, you can expect a great return on investment.
Investing in real estate can be a smart financial decision, and this property offers a range of benefits for investors. With zero to minimum landlord responsibility, the tenant shares the property tax, insurance, and other operating expenses, making it a low-maintenance investment option. The property is often structured to deliver consistent cash flow to the investor, providing a reliable source of income.
In addition to cash flow, investors have the opportunity to boost their overall return with property appreciation. As the value of the property increases over time, investors can enjoy equity upside and a higher return on investment. Depreciation is another benefit of investing in real estate, which can be used as a tax benefit tool. This allows investors to utilize a passive “loss” from depreciating improvements to offset passive income.
Located in Austin’s Midtown, this property is just 5 minutes from the 183 freeway and 15 minutes from Austin’s core business districts, such as Domain, Downtown, Lakeline, and The Pitch.
According to industry experts, industrial and warehouse properties are the hottest commercial properties in Austin, and this property is a rare find. Don’t miss out on this incredible investment opportunity. Contact the Hua’ao commercial real estate team today for more information!
According to industry experts, industrial and warehouse properties are the hottest commercial properties in Austin, and this property is a rare find. Don’t miss out on this incredible investment opportunity.
For more information on this commercial real estate deals or others on the market, get in touch with Yi Meggie Mei at (512) 298-1899 or email mei@realinternational.com.
