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Condo 4 12801 Anderson Mill Rd 4,800 SF 100% Leased Office Building Austin, TX 78726 For Sale 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully Leased Multi Tenant Office Building in Condo Park
EXECUTIVE SUMMARY
Introducing a prime investment opportunity in Volente Crossing Office Park at 12801 Anderson Mill Rd, Bldg 4 in Cedar Park Texas. This impressive 4,800 SF building, comprised of 3 units, was constructed in 2022 and the last two suites are being finished out currently. The building is 100% occupied. Staggered lease end dates ensure that the property can remain fully stabilized, with the first lease ending in September of 2028. All tenants have a 5 year net lease with annual escalations. Volente Crossing Office Park is a 5.5 acre, 10 Building, Condominium Office Park in the thriving Cedar Park market. The park offers great access to both North Austin and Cedar park being 1 mile from N FM 620 and less than a mile from Cypress Creek Rd.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
4,800 SF
Building Class
B
Year Built
2022
Cap Rate
7%
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,800 SF
Building FAR
0.02
Lot Size
5.50 AC
Zoning
NB - Neighborhood Business
PROPERTY TAXES
| Parcel Number | 725231 | Improvements Assessment | $3,927,236 |
| Land Assessment | $718,479 | Total Assessment | $4,645,715 |
PROPERTY TAXES
Parcel Number
725231
Land Assessment
$718,479
Improvements Assessment
$3,927,236
Total Assessment
$4,645,715
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Condo 4 | 12801 Anderson Mill Rd
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