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13205 Research Blvd 2,300 SF 100% Leased Retail Building Austin, TX 78750 $1,600,000 ($695.65/SF) 7.65% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully leased retail with long-term stable tenants
- Estimated daily traffic count of 1,400+ vehicles per day on Roxie Ln., and 18,000+ vehicles per day on the northbound access road of Research Blvd
- Very visible location on a corner lot, with 180 feet of frontage along Research Blvd
- The property was totally remodeled in 2010, owner says “top to Bottom except outside walls”
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,300 SF
Building Class
C
Year Built
1978
Price
$1,600,000
Price Per SF
$695.65
Cap Rate
7.65%
NOI
$122,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
0.49 AC
Zoning
CS1-CO
Parking
18 Spaces (7.83 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Freeway Visibility
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R067091 | Improvements Assessment | $401,329 |
| Land Assessment | $748,671 | Total Assessment | $1,150,000 |
PROPERTY TAXES
Parcel Number
R067091
Land Assessment
$748,671
Improvements Assessment
$401,329
Total Assessment
$1,150,000
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13205 Research Blvd
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