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Investment Highlights
- Significant Annual Income: The property generates ~$97,000 in annual net operating income (NOI) from its current lease and increase 3% annually
- Recently Upgraded Office Buildout: The asset boasts a modernized office interior with recent capital improvements
- Strategic Last-Mile Positioning: Located in the highly sought-after 78742 zip code, the property sits in the heart of Austin’s industrial corridor
- Tenant Strength: Features a high-quality tenant, offering long-term stability and mitigating near-term vacancy risk
- Versatile Functionality: The blend of upgraded office space and functional industrial/warehouse capability makes the property attractive
- Superior Connectivity: Unrivaled access to major transit arteries including Hwy 183, SH-71, and I-35
Executive Summary
Patrick Graham
License # 9005919 (TX), 528005 (TX)
Matthews Real Estate Investment Services, LLC
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # 9005919 (TX), 528005 (TX)
Matthews Real Estate Investment Services, LLC
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Utilities
- Lighting
- Water
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Walls & All Inc
- Construction
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Walls & All Inc | Construction | - | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 287049 | Improvements Assessment | $504,700 |
| Land Assessment | $120,005 | Total Assessment | $624,705 |
Property Taxes
Parcel Number
287049
Land Assessment
$120,005
Improvements Assessment
$504,700
Total Assessment
$624,705
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511 Thompson Ln
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