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11402 Bee Cave Road 11402 Bee Cave Rd 22,703 SF Vacant Office Building Austin, TX 78738 $8,750,000 ($385.41/SF)

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INVESTMENT HIGHLIGHTS

  • Full Building Available for Owner User
  • 35% Below Replacement Cost in High Barrier to Entry Submarket
  • Premier West Austin Location with Exceptional Demographics
  • Turn Key Class A Office Building Built in 2016
  • Prominent Bee Cave Road Location with Convenient Access to Bee Cave, Westlake & Lakeway
  • Exceptional Visibility with Building Signage & Branding Opportunities

EXECUTIVE SUMMARY

Cushman & Wakefield’s Central Texas Capital Markets team is pleased to present to the market 11402 Bee Cave Road, a Class A, jewel box office building located in the rolling hills of West Austin. The three-story building was built in 2016 and measures 22,703 square feet with an additional 720 square foot amenity building. The entire building is available for near term occupancy offering a unique, single tenant campus opportunity. The property benefits from a prominent, high traffic location on Bee Cave
Road with great visibility. Building signage opportunities allow tenants to have a strong presence in an affluent area. The building offers unmatched onsite amenities including a fitness center, showers, commercial kitchen, outdoor terrace, volleyball courts, golf simulator, and a corporate two-bedroom apartment. The 11402 Bee Cave Road offers
tenants in the market the rare opportunity to acquire a top of the market building in a premier West Austin location at a discount to replacement cost.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
22,703 SF
Building Class
A
Year Built
2016
Price
$8,750,000
Price Per SF
$385.41
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,568 SF
Building FAR
0.35
Lot Size
1.50 AC
Parking
100 Spaces (4.4 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
521522
Land Assessment
$1,306,800
Improvements Assessment
$3,953,356
Total Assessment
$5,260,156
  • Listing ID: 32582908

  • Date on Market: 7/25/2024

  • Last Updated:

  • Address: 11402 Bee Cave Rd, Austin, TX 78738

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