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Investment Highlights

  • Significant Annual Income: The property generates ~$97,000 in annual net operating income (NOI) from its current lease and increase 3% annually
  • Recently Upgraded Office Buildout: The asset boasts a modernized office interior with recent capital improvements
  • Strategic Last-Mile Positioning: Located in the highly sought-after 78742 zip code, the property sits in the heart of Austin’s industrial corridor
  • Tenant Strength: Features a high-quality tenant, offering long-term stability and mitigating near-term vacancy risk
  • Versatile Functionality: The blend of upgraded office space and functional industrial/warehouse capability makes the property attractive
  • Superior Connectivity: Unrivaled access to major transit arteries including Hwy 183, SH-71, and I-35

Executive Summary

Patrick Graham
License # 9005919 (TX), 528005 (TX)
Matthews Real Estate Investment Services, LLC
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type Investment
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Service
  • FlexLight Distribution
Building Class C
Lot Size 0.55 AC
Rentable Building Area 7,380 SF
No. Stories 1
Year Built/Renovated 1981/2025
Tenancy Single
Clear Ceiling Height 14’
No. Drive In / Grade-Level Doors 4

Utilities

  • Lighting
  • Water

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Walls & All Inc
  • Construction
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Walls & All Inc Construction - - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
287049
Land Assessment
$164,986 CAD
Improvements Assessment
$693,877 CAD
Total Assessment
$858,863 CAD
  • Listing ID: 40585449

  • Date on Market: 2026-05-19

  • Last Updated:

  • Address: 511 Thompson Ln, Austin, TX 78742

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