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Investment Highlights
- Strong Mix of Medical, Service, and Retail Tenants
- Offered Below Replacement Cost
- High Barrier Submarket
Executive Summary
An Investment opportunity to acquire a 45,658 SF, three-story, mixed-use office/retail property in the heart of Austin. It’s location and proximity to the Medical Center, CBD, UT and core neighborhoods makes it extremely unique. The property is situated on 1.75 acres. Built in 1986 and renovated in 2023, the building features first-class design, on-site parking, and a diverse, multi-tenant mix including a&be Bridal, Edward Jones, Austin Reconstructive and Plastic Surgery, and Musashino Sushi Dokoro. The property has two levels of parking, along with additional surface parking areas located at the front and rear of the site.
Property Facts
Sale Type
Investment
Property Type
Building Size
45,658 SF
Building Class
C
Year Built/Renovated
1986/2023
Percent Leased
87%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
15,219 SF
Slab To Slab
12’
Building FAR
0.60
Lot Size
1.75 AC
Zoning
GR-CO - Commercial Office
Parking
163 Spaces (3.57 Spaces per 1,000 SF Leased)
Amenities
- Natural Light
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Fl-Ste 210
- 500 SF
- Office
- -
- Now
- 2nd Fl-Ste 215
- 2,068 SF
- Office
- -
- Now
- 2nd Fl-Ste 216
- 1,589 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 210 | 500 SF | Office | - | Now |
| 2nd Fl-Ste 215 | 2,068 SF | Office | - | Now |
| 2nd Fl-Ste 216 | 1,589 SF | Office | - | Now |
2nd Fl-Ste 210
| Size |
| 500 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 215
| Size |
| 2,068 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 216
| Size |
| 1,589 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
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Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 211343 | Improvements Assessment | $3,670,082 CAD |
| Land Assessment | $10,406,677 CAD | Total Assessment | $14,076,758 CAD |
Property Taxes
Parcel Number
211343
Land Assessment
$10,406,677 CAD
Improvements Assessment
$3,670,082 CAD
Total Assessment
$14,076,758 CAD
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Presented by
Gabriel's Court | 2905 San Gabriel St
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