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Canyon Vista 7000 Bee Caves Rd 20,042 SF Office Building Austin, TX 78746 $7,750,000 ($386.69/SF) 7.19% Cap Rate
Investment Highlights
- Strong, Multi-Tenant Occupancy
- Prime Westlake / Bee Caves Corridor
- Proven Medical Office Destination
- Clean Room & Lab Ready
- Affluent, High-Demand Trade Area
- Irreplaceable Infill Land Position
Executive Summary
Partners Real Estate is pleased to present the exclusive offering of 7000 Bee Caves Road, a fully leased, ±20,042 square foot medical office building situated on 1.0 acre along one of Austin's most prominent and high-demand commercial corridors. The property offers investors immediate, stabilized cash flow backed by multiple tenants within the affluent Westlake submarket — home to some of the highest household incomes in the Austin MSA and a deeply established medical office ecosystem. This offering represents a rare opportunity to acquire a purpose-built medical asset with a strong in-place income profile in an infill location with meaningful barriers to new supply.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
20,042 SF
Building Class
B
Year Built
1999
Price
$7,750,000
Price Per SF
$386.69
Cap Rate
7.19%
NOI
$556,976
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,771 SF
Slab To Slab
12’
Building FAR
0.46
Lot Size
1.00 AC
Zoning
ETJ
Parking
73 Spaces (3.64 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Geode
- Health Care and Social Assistance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- PanTher Therapeutics
- Health Care and Social Assistance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Geode | Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| PanTher Therapeutics | Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 120092 | Improvements Assessment | $2,508,809 |
| Land Assessment | $1,014,077 | Total Assessment | $3,522,886 |
Property Taxes
Parcel Number
120092
Land Assessment
$1,014,077
Improvements Assessment
$2,508,809
Total Assessment
$3,522,886
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Canyon Vista | 7000 Bee Caves Rd
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