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Ally Medical | 19+ Yr Abs NNN | Cedar Park, T N Hwy 183 10,412 SF 100% Leased Office Building Cedar Park, TX 78613 $9,150,000 ($878.79/SF) 8% Cap Rate
Investment Highlights
- 19+ Year Absolute NNN Lease Offers Predictable Cash Flow
- 10,412 SF Medical Facility Building Situated on a 2.12 Acre Parcel
- Strategically Located Along N Highway 183, One of the Austin Metro’s Primary North–South Transportation Corridors
- Essential Healthcare Facility Operating as a Freestanding Emergency Room With 24/7 Operations
- 20 Year Lease Guaranteed By Elysian Capital (Parent Company)
- Immediate Access to US-183 Toll Road Provides Direct Connectivity to Downtown Austin and Surrounding Submarkets
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,412 SF
Building Class
C
Year Built
2014
Price
$9,150,000
Price Per SF
$878.79
Cap Rate
8%
NOI
$732,000
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
10,412 SF
Building FAR
0.11
Lot Size
2.13 AC
Zoning
GR - Medical Healthcare Retail Office Commercial
Parking
44 Spaces (4.23 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
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Videos
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Photos
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Ally Medical | 19+ Yr Abs NNN | Cedar Park, T | N Hwy 183
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