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Texas Children's Bee Cave 13917 W Hwy 71 5,859 SF 100% Leased Office Building Bee Cave, TX 78738 $3,579,945 CAD ($611.02 CAD/SF) 6.50% Cap Rate



Investment Highlights
- 100% Leased to Two Medical Tenants on Long Term Leases
- Complementary Pediatric Dental Co-Tenant with +/- 8.2 Years of Remaining Term
- Exceptional Demographics in Path of Growth in West Austin
- Anchored by Texas Children's Pediatrics (50% NRA) with +/- 6.2 Years of Remaining Term
- +/- 7.2 Year WALT Providing Stabilized and Secured Cash Flows
- Located in the Heart of Bee Cave in Proximity to 2M SF Class A Retail
Executive Summary
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.
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.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
5,859 SF
Building Class
B
Year Built
2008
Price
$3,579,945 CAD
Price Per SF
$611.02 CAD
Cap Rate
6.50%
NOI
$232,696 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,930 SF
Building FAR
0.13
Lot Size
1.00 AC
Parking
27 Spaces (4.61 Spaces per 1,000 SF Leased)
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Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 541257 | Improvements Assessment | $2,727,192 CAD |
| Land Assessment | $1,084,814 CAD | Total Assessment | $3,812,006 CAD |
Property Taxes
Parcel Number
541257
Land Assessment
$1,084,814 CAD
Improvements Assessment
$2,727,192 CAD
Total Assessment
$3,812,006 CAD
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Texas Children's Bee Cave | 13917 W Hwy 71
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