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Lake Creek Office Condos S 13740 Research Blvd 2,652 SF 100% Leased Office Building Austin, TX 78750 $1,009,051 CAD ($380.49 CAD/SF)
Investment Highlights
- Investment opportunity with multiple leased units and established income stream.
- Well-maintained office park with HOA-managed exterior care and insurance.
- Located near Lake Creek Parkway and U.S. Highway 183 for strong connectivity across the metro.
- Ample shared surface parking for employees, clients, and visitors.
Executive Summary
An exceptional investment opportunity awaits with this **one-story, ±3,200 SF professional office building**, fully leased to two established tenants on long-term **modified gross leases**. Located in a thriving commercial corridor, this property offers investors stable income with minimal management responsibilities.
**Property Highlights:**
- ±3,200 SF one-story office building
- Two suites, each leased to long-term professional tenants
- Modified Gross Leases – tenants cover interior maintenance and utilities
- Owner will pay taxes and HVAC
- HOA covers water, sewer, trash, common area, exterior building insurance, exterior building maintenance
- **Low-maintenance ownership** – HOA handles all exterior maintenance, landscaping, and building insurance
- Excellent curb appeal with professional landscaping and ample surface parking
- Ideal for 1031 exchange buyers, portfolio expansion, or stable passive income
Strategically located with strong demographics and traffic counts, this property is surrounded by retail, medical, and professional services. With long-term tenants in place and an HOA structure that streamlines operations, this is a turnkey, income-producing asset in a highly desirable market.
**Contact us today** for lease details, rent roll, and to schedule a tour.
**Property Highlights:**
- ±3,200 SF one-story office building
- Two suites, each leased to long-term professional tenants
- Modified Gross Leases – tenants cover interior maintenance and utilities
- Owner will pay taxes and HVAC
- HOA covers water, sewer, trash, common area, exterior building insurance, exterior building maintenance
- **Low-maintenance ownership** – HOA handles all exterior maintenance, landscaping, and building insurance
- Excellent curb appeal with professional landscaping and ample surface parking
- Ideal for 1031 exchange buyers, portfolio expansion, or stable passive income
Strategically located with strong demographics and traffic counts, this property is surrounded by retail, medical, and professional services. With long-term tenants in place and an HOA structure that streamlines operations, this is a turnkey, income-producing asset in a highly desirable market.
**Contact us today** for lease details, rent roll, and to schedule a tour.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Building Size
2,652 SF
Building Class
C
Year Built
1990
Price
$1,009,051 CAD
Price Per SF
$380.49 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,652 SF
Building FAR
0.01
Lot Size
7.66 AC
Zoning
CO
Parking
12 Spaces (3.69 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Farmers Insurance
- Finance and Insurance
- 1,600 SF
- -
- Modified Gross
- Jul 2030
- Healthcare
- Services
- 1,600 SF
- -
- Modified Gross
- Jul 2030
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Farmers Insurance | Finance and Insurance | 1,600 SF | - | Modified Gross | Jul 2030 | |
| Healthcare | Services | 1,600 SF | - | Modified Gross | Jul 2030 |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R306669 | Improvements Assessment | $0 CAD |
| Land Assessment | $6,185,762 CAD | Total Assessment | $6,185,762 CAD |
Property Taxes
Parcel Number
R306669
Land Assessment
$6,185,762 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,185,762 CAD
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Lake Creek Office Condos S | 13740 Research Blvd
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