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San Felipe Professional Bldg 7701 San Felipe Blvd 12,324 SF 100% Leased Office Building Austin, TX 78729 For Sale
Investment Highlights
- Located on a 2.93-acre site in Northwest Austin, offering a strong presence within the well-established San Felipe Business Condo development.
- Accessibility to major corridors, including U.S. 183 and State Highway 45.
- Features approximately 12,324 square feet of office space, designed for administrative, business, and professional uses.
- Situated in a high-growth submarket with strong demographic indicators.
Executive Summary
Amazing purchase opportunity. The buyer can occupy the 2nd floor and enjoy 4 income-producing tenants currently in place on the 1st-floor, to help offset the mortgage costs. The current owner occupies the 2nd floor and will vacate before the sale, or sign a short-term leaseback based on the buyer's desired timing. The building was built in 2007 and is in great shape with ample parking and monument signage on San Felipe. This is a rare opportunity for a tenant to buy a newer building below replacement cost! Walk to several restaurants and bars next door and nearby.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,324 SF
Building Class
B
Year Built
2007
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,162 SF
Slab To Slab
12’
Building FAR
0.24
Lot Size
1.16 AC
Zoning
F1 - General Office
Parking
50 Spaces (4.06 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,495,436 | |
| Land Assessment | $1,638,305 | Total Assessment | $4,133,741 |
Property Taxes
Parcel Numbers
Land Assessment
$1,638,305
Improvements Assessment
$2,495,436
Total Assessment
$4,133,741
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San Felipe Professional Bldg | 7701 San Felipe Blvd