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2501 W William Cannon Dr
Austin, TX 78745
208-209 · Office Property For Sale
Investment Highlights
- Brand New 5-Yr Lease
- 3% Yearly Increases
- 1686 SF Zoned LO-CO
- 6.1% Cap Rate
- Yr-1 NOI - $53,184
- Very high traffic flow and Corner Unit-combined 2 suites
Executive Summary
Amazing investment opportunity in the heart of South Austin. Brand new 5-year lease with 3% yearly increases and a one-time 3-year option with increase included. Medical grade tenant with a personal lease guaranty included in the lease. This is the perfect hands-off investment purchase with minimal landlord responsibilities.
Property Facts
| Property Type | Office | Rentable Building Area | 4,368 SF |
| Property Subtype | Medical | No. Stories | 1 |
| Building Class | B | Year Built | 2005 |
| Lot Size | 0.10 AC | Parking Ratio | 3.56/1,000 SF |
| Zoning | LO-CO - LO-CO | ||
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Lot Size | 0.10 AC |
| Rentable Building Area | 4,368 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Parking Ratio | 3.56/1,000 SF |
| Zoning | LO-CO - LO-CO |
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