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4403 Menchaca Rd 5,531 SF 100% Leased Office Building Austin, TX 78745 $2,200,000 ($397.76/SF) 5.02% Cap Rate
Investment Highlights
- Stabilized investment opportunity. 100% occupancy. NNN leases.
- Private, fully fenced and gated parking lot.
- Located next to hard corner at Ben White Blvd. and Menchaca Rd.
Executive Summary
Stabilized investment opportunity located next to hard corner at Ben White Blvd. and Menchaca Road. NNN leases. Private parking lot. Fully fenced and gated. New roof.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
5,531 SF
Building Class
B
Year Built
1980
Price
$2,200,000
Price Per SF
$397.76
Cap Rate
5.02%
NOI
$110,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,531 SF
Zoning
LR-V-NP - Neighborhood Commercial.
Parking
13 Spaces (2.35 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Fenced Lot
- Air Conditioning
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 509261 | Improvements Assessment | $1,386,380 |
| Land Assessment | $645,560 | Total Assessment | $2,031,940 |
Property Taxes
Parcel Number
509261
Land Assessment
$645,560
Improvements Assessment
$1,386,380
Total Assessment
$2,031,940
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