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Building 2 3601 Davis Ln 6,400 SF 34% Leased Retail Building Austin, TX 78749 $2,950,000 ($460.94/SF) 6.62% Cap Rate
Investment Highlights
- Suite 100 - Family Medicine Practice. Suite - 200 Pediatric Dentist Office.
- Sits on the corner behind a Valero and retail strip center.
- 1.25 miles from MOPAC, minutes from Circle C Ranch and The Lady Bird Johnson Wildflower Center.
- Adjacent to Vincent's Restaurant, Brodie Lane Pharmacy, and Subway Restaurant.
Executive Summary
Medical office building for sale - 2 long term tenants, medical office with a 5 year lease + renewals, and a pediatric dental office with a 10 year lease + renewals.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
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| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,400 SF
Building Class
B
Year Built
2023
Price
$2,950,000
Price Per SF
$460.94
Cap Rate
6.62%
NOI
$195,387
Percent Leased
34%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.86 AC
Zoning
LR - Neighborhood Commercial - Shopping facilities that provide limited business services and office facilities for the neighborhood.
Frontage
280’ on Brodie Lane
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 904615 | Improvements Assessment | $2,934,610 |
| Land Assessment | $300,390 | Total Assessment | $3,235,000 |
Property Taxes
Parcel Number
904615
Land Assessment
$300,390
Improvements Assessment
$2,934,610
Total Assessment
$3,235,000
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Photos
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Building 2 | 3601 Davis Ln
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