12801 Anderson Mill Rd - Medical CONDO FOR SALE


Austin, TX 78726
$1,937,837 USD
512-630-9888
12801 Anderson Mill Rd, Austin, TX for Sale
$1,937,837 USD
Medical CONDO - FOR SALE
1/10
null | 6.75% Cap Rate

12801 Anderson Mill Rd
Austin, TX 78726


HIGHLIGHTS

  • Fully Occupied
  • Net Leases
  • Annual Base Rent Increases

OVERVIEW

"Now Available: a high quality investment opportunity in Volente Crossing O?ce Park at 12801 Anderson Mill Rd, Bldg 4 in Cedar Park Texas. This impressive 4,800 SF building, comprised of 3 units, was constructed in 2022 and the last suite is nearing completion of construction. The building is 100% leased. Staggered lease end dates ensure that the property can remain fully stabilized, with the ?rst lease ending in September of 2028. All tenants have a 5 year net lease with annual escalations, providing minimal landlord responsibilities and strong annual growth. Volente Crossing O?ce Park is a 5.5 acre, 10 Building, Condominium O?ce Park in the thriving Cedar Park market. The park o?ers great access to both North Austin and Cedar park being 1 mile from N FM 620 and less than a mile from Cypress Creek Rd."

FOR SALE DETAILS

PRICE

$1,937,837 USD

PRICE/SF

$404 USD /SF

CAP RATE

6.75%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building 4 - Fully Occupied Net Investment

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

4,800 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.5 AC

LAND SF

239,493 SF

ZONING

NB

APN/PARCEL ID

725231

ASK ABOUT THIS PROPERTY

Bailey MorseCommercial Market ExchangeMore Info
512-630-9888

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Bailey MorseCommercial Market ExchangeMore Info
512-630-9888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.