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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



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 | Lot Size | 1.10 AC |
| Price Per SF | $284.73 CAD | Rentable Building Area | 18,875 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Cap Rate | 6.50% | Year Built | 1996 |
| Property Type | Industrial | Parking Ratio | 2.12/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Zoning | None - N/A | ||
| 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 | - | - | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 272553 | Improvements Assessment | $2,642,773 CAD |
| Land Assessment | $604,457 CAD | Total Assessment | $3,247,230 CAD |
PROPERTY TAXES
Parcel Number
272553
Land Assessment
$604,457 CAD
Improvements Assessment
$2,642,773 CAD
Total Assessment
$3,247,230 CAD
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1917 Hydro Dr
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