13917 W Hwy 71 - Medical FOR SALE


Bee Cave, TX 78738
$2,575,000 USD
512-637-5528
13917 W Hwy 71, Bee Cave, TX for Sale
$2,575,000 USD
Medical - FOR SALE
1/5
null | 6.5% Cap Rate

13917 W Hwy 71
Bee Cave, TX 78738


HIGHLIGHTS

  • 100% Leased to Two Medical Tenants on Long Term Leases
  • Anchored by Texas Children's Pediatrics (50% NRA) with +/- 6.2 Years of Remaining Term
  • Complementary Pediatric Dental Co-Tenant with +/- 8.2 Years of Remaining Term
  • +/- 7.2 Year WALT Providing Stabilized and Secured Cash Flows
  • Exceptional Demographics in Path of Growth in West Austin
  • Located in the Heart of Bee Cave in Proximity to 2M SF Class A Retail

OVERVIEW

Cushman & Wakefield’s Central Texas Private Capital Group is pleased to present 13917 W Highway 71 in Bee Cave, Texas — a core two-tenant medical NNN investment opportunity located in one of West Austin’s fastest-growing suburban corridors. The property is 100% leased to two established medical tenants on long-term leases and is anchored by Texas Children's Pediatrics (Fitch: AA-), formerly Beansprout Pediatrics, which occupies approximately 50% of the building with lease term extending through September 2032 (±6.2 years remaining). The asset is further supported by complementary tenant Bee Cave Family Dentistry, which recently invested capital into its space and maintains +/- 8.2 years of remaining lease term. Positioned along the highly trafficked Highway 71 corridor, the property offers exceptional frontage, visibility, and accessibility within the affluent and rapidly expanding Bee Cave market. The surrounding area continues to experience significant residential growth, supported by strong demographics, expanding master-planned communities, and a large concentration of nearby schools and student populations that provide durable demand drivers for pediatric and family-oriented medical services. 13917 W Highway 71 presents investors with the opportunity to acquire a high-quality medical asset featuring secure long-term cash flows, minimal landlord responsibilities under the NNN lease structure, and continued upside as the surrounding trade area further matures.

FOR SALE DETAILS

PRICE

$2,575,000 USD

PRICE/SF

$439 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Texas Children's Bee Cave

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

541257

ASK ABOUT THIS PROPERTY

Travis CrowCushman & WakefieldMore Info
512-637-5528

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Travis CrowCushman & WakefieldMore Info
512-637-5528

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