1515 Dungan Ln - Warehouse FOR SALE


Austin, TX 78754- Walnut Creek
$5,250,000 USD
818-980-9880
1515 Dungan Ln, Austin, TX for Sale
$5,250,000 USD
Warehouse - FOR SALE
1/5
null | 5.7% Cap Rate

1515 Dungan Ln
Austin, TX 78754
Walnut Creek


HIGHLIGHTS

  • fully leased but unable to list correct tenants, please note
  • well maintained building
  • no deferred maintenance

OVERVIEW

fully leased, prime shallow bay, flex space of 27,300 sq ft. Currently leased to 6 tenants with staggered expirations dates of leases, all of whom are into renewals as longer term tenants. All leases contain annual 3% increases bumping the cap rate to 6% when all executed. Exceptionally well maintained with no deferred maintenance. New roof, recently painted, parking lot resurfaced and restriped. all units have full HVAC. Newer parking lot lights and each unit has at least one restroom, several have 2 and the largest space even more. Ample designated and visitor parking. Conveniently accessed to I 35 vis Rundberg and 183 via Cameron. secure rear access with remote controlled gate.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

5.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

15.5 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.97

LAND SF

85,813

ZONING

LI

APN/PARCEL ID

240704

ASK ABOUT THIS PROPERTY

Richard FinkRichard Allyn Rlty Co.More Info
818-980-9880

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Richard FinkRichard Allyn Rlty Co.More Info
818-980-9880

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