3600 W Parmer Ln 56,038 SF 88% Leased Office Building Austin, TX 78727 For Sale

Colliers is pleased to present the 3600 Parmer office/medical project on Parmer Lane for sale to investors or owner/user buyers looking to own their own building in an incredible location.
3600 Parmer is an extremely well maintained office building on the Parmer Lane corridor in northwest Austin. The property is currently 88% leased with Amplify Credit Union occupying approximately 30% of the building. The property benefits from close proximity to Mopac Expressway and St. David’s Hospital approximately 1 mile to the east, the 870,000 SF, 133 acre Apple Campus (3 miles to the west) and The Domain (2 miles to the south). There are nearby restaurants and retail ½ mile to the east and ½ mile to the west. The property was built in 1999 and is currently configured as a multi-tenant office building with above average common area improvements. The current owner has made substantial, recent investments in the property including a recent re-roof, HVAC replacement and restroom upgrades. The property also benefits from ample parking with access to the adjacent church parking lot, allowing for both typical office uses and medical office uses.
The building is owned by Amplify Credit Union. They will consider reasonable financing terms subject to review of buyer credit. Amplify would also consider vacating their 16,773 SF space prior to the end of their lease if a buyer wanted to occupy some or all of the space.