For Sale | Medical Office Condo | 3807 Spicewood Springs Rd., Austin TX

  • $4,100,000.00
Featured For Sale
3807 Spicewood Springs
Featured For Sale
For Sale | Medical Office Condo | 3807 Spicewood Springs Rd., Austin TX
3807 Spicewood Springs
  • $4,100,000.00

Overview

  • Medical, Office
  • Property Type
  • 10,613 SF

Description

  • 100% leased, two (2) tenant office condo located in highly desirable Northwest Austin neighborhood. (Trophy Location!)
  • Both medical tenants are well “seasoned” and have been at this location for many years. Additionally, each tenant exercised a five (5) year renewal option and there is approximately three and a half years (3.5) remaining on each lease
  • Approximately 10,613 SF (entire second floor)
  • Both suites have full medical buildout with multiple exam rooms
  • Professionally managed, well-maintained building with no deferred maintenance
  • Close proximity to hospitals, malls, and Central Business District (close to Mopac, 183 & 360)
  • Nine (9) minutes to Seton Physicians Hospital
  • No Remaining Renewals, leaving open the possibility for an owner/user!
  • Offered at $4,100,000
  • Current Annual NOI = $301,6007.3% CAP Rate

For More Information:  3807 Spicewood Springs Rd_DFH

Property Documents

3807 Spicewood Springs Rd
  • Address 3807 Spicewood Springs Rd
  • City Austin
  • State/county TEXAS
  • Zip/Postal Code 78759

Details

Updated on October 25, 2024 at 10:12 pm
  • Price: $4,100,000.00
  • Building Size: 10,613 SF
  • Property Type: Medical, Office
  • Property Status: For Sale

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DAVID HUMMEL | Senior Vice President | Houston
  • DAVID HUMMEL | Senior Vice President | Houston