2220 Lakeway Blvd - Medical FOR SALE


Austin, TX 78734
$2,600,000 USD
512-433-6999
2220 Lakeway Blvd, Austin, TX for Sale
$2,600,000 USD
Medical - FOR SALE
1/9
null | Request Cap Rate

2220 Lakeway Blvd
Austin, TX 78734


HIGHLIGHTS

  • Below Market Rents - Average Rent PSF $20.57
  • Value Add Upside by getting to Market rents
  • 15 Miles to Downtown Austin and Texas Capitol | 20 Miles to Austin-Bergstrom Int'l Airport | 1 Mile to Lakeway Airpark
  • Direct Access to Lakeway Boulevard through Exclusive Lakeway Neighborhood
  • $203,600+ Average Household Income in a 1 Mile Radius
  • Situated 1 mile from Major Traffic Corridor Ranch Road 620 (50,150+VPD)

OVERVIEW

TREK Investment Group is pleased to offer for sale the Heart of Lakeway Office Building in Austin, Texas, strategically located with direct access to major neighborhood traffic corridor Lakeway Blvd and only 1 mile from Ranch Road 620 seeing strong traffic counts of 50,150+ VPD. This two story office building is 92% leased with a diverse tenant mix, and has high visibility in the exclusive and established Lakeway neighborhood. The Lakeway/Bee Cave area is one of the top three fastest growing Austin markets.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$313 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heart of Lakeway

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

C1

APN/PARCEL ID

134983

ASK ABOUT THIS PROPERTY

Parker CarrollTREK Investment GroupMore Info
512-433-6999

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

Parker CarrollTREK Investment GroupMore Info
512-433-6999

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