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Heart of Lakeway 2220 Lakeway Blvd 8,320 SF 84% Leased Office Building Austin, TX 78734 $2,600,000 ($312.50/SF)
INVESTMENT HIGHLIGHTS
- Below Market Rents - Average Rent PSF $20.57
- 15 Miles to Downtown Austin and Texas Capitol | 20 Miles to Austin-Bergstrom Int'l Airport | 1 Mile to Lakeway Airpark
- $203,600+ Average Household Income in a 1 Mile Radius
- Value Add Upside by getting to Market rents
- Direct Access to Lakeway Boulevard through Exclusive Lakeway Neighborhood
- Situated 1 mile from Major Traffic Corridor Ranch Road 620 (50,150+VPD)
EXECUTIVE SUMMARY
TREK Investment Group is pleased to offer for sale the Heart of Lakeway Office Building in Austin, Texas, strategically located with direct access to major neighborhood traffic corridor Lakeway Blvd and only 1 mile from Ranch Road 620 seeing strong traffic counts of 50,150+ VPD. This two story office building is 92% leased with a diverse tenant mix, and has high visibility in the exclusive and established Lakeway neighborhood. The Lakeway/Bee Cave area is one of the top three fastest growing Austin markets.
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
8,320 SF
Building Class
B
Year Built
2009
Price
$2,600,000
Price Per SF
$312.50
Percent Leased
84%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,160 SF
Slab To Slab
14’
Building FAR
0.18
Lot Size
1.05 AC
Zoning
C1
Parking
42 Spaces (5.05 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Natural Light
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste 120
- 797 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 120 | 797 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 210 | 500 SF | Office | Full Build-Out | Now |
1st Fl-Ste 120
| Size |
| 797 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 210
| Size |
| 500 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 210
| Size | 500 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
PROPERTY TAXES
| Parcel Number | 134983 | Improvements Assessment | $2,055,330 |
| Land Assessment | $343,358 | Total Assessment | $2,398,688 |
PROPERTY TAXES
Parcel Number
134983
Land Assessment
$343,358
Improvements Assessment
$2,055,330
Total Assessment
$2,398,688
1 of 11
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Heart of Lakeway | 2220 Lakeway Blvd
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