1624 Headway Cir
Austin, TX 78754
Flex Property For Sale

Property tours are available on Thursday 11/2 from 1pm-3pm by appointment, or by request. Please contact Michael Searls to schedule at michael@urbanspacecommercial.com or 303-819-7592. Investment Highlights: ñ12,527 SF NNN leased office building located in the county's most dynamic RE market ñ100% occupied to three life science / bio-tech tenants Highly coveted wet lab space with specialized buildout and extensive building upgrades Stabilized asset with steady revenue and minimal landlord responsibilities Close proximity to new UT Medical School & ACC Highland Immediate access to 183, 290 and I-35 Investment Overview: Headway Circle (the "Property") represents a unique investment opportunity in Austin, Texas, the most intriguing commercial real estate investment market in the United States. 100% NNN leased with a well-blended and diversified expiration schedule, the Property is located in the Walnut Creek Business Park in north central Austin, Texas, conveniently located at the confluence of the intersection of Interstate 35, and US Highways 290 and 183, providing outstanding accessibility to points in all directions. The portion of US 290 immediately east of the proper The portion of US 290 immediately east of the property has been upgraded to a toll road, providing quick accessibility at any time of day. The Property is located minutes north of the University of Texas at Austin's flagship campus, and under construction on campus, the first de novo medical school and teaching hospital built in the US in over forty years. This will prove to vastly expand the region's prominence in the life sciences realm and will have the biggest economic influence on the region since Austin's strong and ever-growing technology sector. With an unemployment rate substantially less than both the Texas and national averages and a challenging regulatory environment providing significant barrier to entry to new development, Austin is poised to enjoy outsized real estate returns and a robust economic picture for the foreseeable future. The Austin Bergstrom International Airport is approximately 6 miles south of the Park on US-183. A proven development, Walnut Creek is home to several blue-chip companies as well as local businesses and serves as a geographic hub to city, county, state, and federal grant entities and trade associations.