512-695-2314
3600 W Parmer Ln, Austin, TX for Sale
Office - FOR SALE
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3600 W Parmer Ln
Austin, TX 78727
McNeil


HIGHLIGHTS

  • Exceptional signage opportunities along West Parmer Lane, ensuring your business stands out.
  • Situated on Parmer Lane near Mopac Expy.
  • A short drive to multiple restaurants with a reasonable proximity to the Domain.
  • Extremely well maintained building with multiple capital upgrades.

OVERVIEW

Colliers is pleased to present the 3600 Parmer office/medical project on Parmer Lane for sale to investors or owner/user buyers looking to own their own building in an incredible location. 3600 Parmer is an extremely well maintained office building on the Parmer Lane corridor in northwest Austin. The property is currently 88% leased with Amplify Credit Union occupying approximately 30% of the building. The property benefits from close proximity to Mopac Expressway and St. David’s Hospital approximately 1 mile to the east, the 870,000 SF, 133 acre Apple Campus (3 miles to the west) and The Domain (2 miles to the south). There are nearby restaurants and retail ½ mile to the east and ½ mile to the west. The property was built in 1999 and is currently configured as a multi-tenant office building with above average common area improvements. The current owner has made substantial, recent investments in the property including a recent re-roof, HVAC replacement and restroom upgrades. The property also benefits from ample parking with access to the adjacent church parking lot, allowing for both typical office uses and medical office uses. The building is owned by Amplify Credit Union. They will consider reasonable financing terms subject to review of buyer credit. Amplify would also consider vacating their 16,773 SF space prior to the end of their lease if a buyer wanted to occupy some or all of the space.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.72 AC

LAND SF

162,043 SF

ZONING

LO-CO, Austin

APN/PARCEL ID

479388

ASK ABOUT THIS PROPERTY

Doug RaulsColliersMore Info
512-695-2314

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Doug RaulsColliersMore Info
512-695-2314

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