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NeuroRestorative | Austin, TX 8600 Cross Park Dr 9,200 SF Office Building Austin, TX 78754 $4,530,000 ($492.39/SF) 6.75% Cap Rate

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Investment Highlights

  • Rehabilitation/Long-Term Care Network for People Recovering From Serious Neurological Injury or Illness or Managing Ongoing Complex Medical Needs
  • Founded in 1977
  • Tenant Since 2018
  • 173 Locations in 28 States, Including 11 in Texas
  • Subsidiary of Sevita, a National Healthcare Organization
  • In 2025, They Extended Their Lease by 5 Years

Executive Summary

Absolute NNN Lease with Annual Increases | 173 Locations Throughout 28 States | #1 America’s Most Experienced Rehab Provider | Tenant Since 2018; Renewed in 2025 | Austin Ranked #1 Large Economic Boomtown — CoworkingCafe (2025) | 324,000 People with $117,000 AHHI (5 Miles)

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,200 SF
Building Class
B
Year Built
2018
Price
$4,530,000
Price Per SF
$492.39
Cap Rate
6.75%
NOI
$305,775
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,200 SF
Building FAR
0.10
Lot Size
2.14 AC
Zoning
IP

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • -

Sevita, formerly The MENTOR Network, is the leading provider of home and community-based specialty health care. The organization believes people can grow, learn, and achieve independence in the homes and communities where they live. Sevita serves adults and children with intellectual and developmental disabilities, individuals with complex care needs, people recovering from brain injuries, children in foster care, and those with autism or other lifelong care requirements. Its mission is to help individuals live as independently as possible and thrive in their communities—a commitment it has upheld for more than 50 years.

Tenant Industry SF Occupied Rent/SF Lease End
Health Care and Social Assistance - - -

Property Taxes

Property Taxes

Parcel Number
235486
Land Assessment
$708,811
Improvements Assessment
$3,391,189
Total Assessment
$4,100,000
  • Listing ID: 39270254

  • Date on Market: 1/30/2026

  • Last Updated:

  • Address: 8600 Cross Park Dr, Austin, TX 78754

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