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1917 Hydro Dr 18,875 SF 100% Leased Industrial Building Austin, TX 78728 $5,374,292 CAD ($284.73 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Great Location
  • Rental Income
  • Austin ETJ

EXECUTIVE SUMMARY

There are 3 tenants that bring in about $256,464.00 on a gross basis per year. There is a slab poured for a 6,630 SF building and excess land on Howard that will be included in this sale. Leases can stay in place for an investor and bump rates or phase them out for a user.

PROPERTY FACTS

Price $5,374,292 CAD
Price Per SF $284.73 CAD
Sale Type Investment or Owner User
Cap Rate 6.50%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 1.10 AC
Rentable Building Area 18,875 SF
No. Stories 2
Year Built 1996
Parking Ratio 2.12/1,000 SF
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 3
Zoning None - N/A

AMENITIES

  • Courtyard
  • Air Conditioning

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - Septic Field
  • Heating

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Coworking
  • -
  • -
  • -
  • -
  • Night Club
  • -
  • -
  • -
  • -
  • Print Shop
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Coworking - - - -
Night Club - - - -
Print Shop - - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
272553
Land Assessment
$604,457 CAD
Improvements Assessment
$2,642,773 CAD
Total Assessment
$3,247,230 CAD
  • Listing ID: 35078775

  • Date on Market: 2024-07-15

  • Last Updated:

  • Address: 1917 Hydro Dr, Austin, TX 78728

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