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8320 Bee Caves Rd 8320 Bee Caves Rd 6,891 SF 67% Leased Office Building Austin, TX 78746 $2,750,000 ($399.07/SF)
Investment Highlights
- Freestanding office building on a private, 2.79-acre lot — a unique offering in one of Austin’s most sought-after submarkets.
- The seller plans to stay in the building after closing providing the buyer with rental income to help offset ownership expenses.
- Convenient access to the Hill Country Galleria’s shops and restaurants, surrounded by high-income neighborhoods and top schools.
- Three-story structure with breathtaking Colorado River Valley views.
- With the first floor being delivered vacant, the ideal buyer would occupy that floor and receive rental income from the other two floors.
Executive Summary
Freestanding multi-tenant office property offered for sale at approximately $2.75 million. Seller intends to lease back a portion of the building, providing in-place income for a future owner. First floor expected to be delivered vacant.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,891 SF
Building Class
B
Year Built
1997
Price
$2,750,000
Price Per SF
$399.07
Percent Leased
67%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,297 SF
Building FAR
0.06
Lot Size
2.79 AC
Parking
23 Spaces (3.34 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Bailey Elliott Construction
- Construction
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Bailey Elliott Construction | Construction | - | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 122161 | Improvements Assessment | $1,052,828 |
| Land Assessment | $1,020,872 | Total Assessment | $2,073,700 |
Property Taxes
Parcel Number
122161
Land Assessment
$1,020,872
Improvements Assessment
$1,052,828
Total Assessment
$2,073,700
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