Building 4 5920 William Cannon Dr 25,856 SF Office Building Austin, TX 78749 $13,819,608 CAD ($534.48 CAD/SF)

Mesa Oaks Building 4 (also known as Building 4/5) is part of a 6 building office condominium complex with a hill country feel located in Southwest Austin, about a mile east of the Y at Oak Hill. Excellent access is provided by MoPac Expy, US 290 / SH 71, SH 45 Tollway, William Cannon Drive, and Southwest Parkway. Per the map on the flyer, there are abundant restaurants, retail stores and other amenities within a 3 mile radius. The complex is less than a 10 minute drive to downtown Austin.
Offered Exclusively for Sale or Lease is only Building 4 (also known as Building 4/5) comprising 26,900 Gross SF, per TCAD. It is a freestanding, two story office building that is geared toward a single tenant or owner / occupant. Public records indicate the property was built and finished out in 2015, and it is in excellent condition. Roof and HVAC are original. Features include a secure reception and entry, two upscale showers with attached private dressing areas, a large nicely appointed break room, ADA compliant entry, restrooms and elevator; motion sensor light switches throughout, coffee bar / break area, executive conference room, logical mix of hard wall offices and open areas for most users, large training room, designated exercise room (not furnished), roll down solar screen window treatments, and other special finishes. Ample parking is available and listed at 4:1,000 ratio. Zoning is LO, City of Austin, and the existing improvements are a conforming use.
Real Estate Taxes for 2022 were $194k, per TCAD Invoice, and the monthly POA Assessments are approximately $2,600 per month (2022). The current owner bought the property for its own use in 3Q, 2021, but late in 2022 decided not to occupy the building. It is currently vacant and unleased. Therefore, other than Taxes and Condo Assessments, there is no “daily use” operating history for the asset. Janitorial services and utility usage would be at the discretion of a new owner / user.