4308 N Quinlan Park Rd 22,441 SF 100% Leased Retail Building Austin, TX 78732 $8,933,888 CAD ($398.11 CAD/SF)

This 22,441 square foot split level neighborhood retail center that sits on 5.9 acres is the perfect opportunity for an an investor looking to add to their portfolio of stable assets while taking advantage of a development opportunity with the additional building site. The property currently boasts a $437,503 NOI and is 100% occupied. 40% of the center was just renewed with 10 years of term added while the other 60% of the center has over 3 years left of term on the current leases. All four Tenants have strong local credit and are destination oriented businesses.
For an additional $495,000, The land development opportunity includes level site with over 31,000 SF of a buildable area. This site would be ideal for retail, office, child care, retail specialty, or private school.
Property Highlights
100% occupied with strong local tenants
Conveniently located near the front of the community with quick access to HWY 620
Zoning: Austin ETJ
$437,503 NOI
Additional development opportunity onsite with full feasibility report
Great demographics with highest average household incomes in all of Austin