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Faits saillants de l'investissement
- 100% Occupied
- Annual Contractual Rent Increases
- Estimated 5.06% Cap Rate (based on current known income and HOA expense)
- Lease Through December 31, 2029
- Immediate Cash Flow
- Reserved Covered Parking
Résumé de l'annonce
Excellent investment opportunity in the heart of North Central Austin! This fully leased professional office condominium offers approximately 1,520 square feet of well-maintained office space with an established tenant in place through December 31, 2029, providing immediate cash flow and long-term income stability with scheduled rent increases in 2028 and 2029, offering built-in income growth. Conveniently located with easy access to MoPac, Highway 183, Burnet Road, The Domain, and Downtown Austin, this property features reserved covered parking, additional guest parking, and a professional office environment. An outstanding opportunity for investors, 1031 exchange buyers, or those seeking a stable, income-producing commercial asset in one of Austin's most desirable office corridors. Please do not disturb the tenant. Showings by appointment only
1 Unité disponible
- Unité
- Taille de l’unité
- Utilisation du condo
- Prix
- Revenu net d’exploitation
| Type de vente | Investissement |
| Type de vente | Investissement |
Ideally located on Steck Avenue with convenient access to MoPac (Loop 1), Highway 183, Burnet Road, and North Austin's major employment centers, the property offers exceptional accessibility for clients and employees alike.
Property features include:
Approximately 1,520 SF
Strong long-term tenant in place
Lease secured through December 2029
Scheduled annual rent increases
Reserved covered parking plus additional common parking
Professional office environment
Excellent North Central Austin location
Ideal for 1031 exchange buyers or investors seeking passive income
Stable occupancy with immediate cash flow from closing
Whether you're expanding your commercial investment portfolio or seeking a low-maintenance income-producing asset in a highly desirable Austin submarket, this leased office condominium presents an outstanding opportunity with long-term upside.
| Unité | Taille de l’unité | Utilisation du condo | Prix | Revenu net d’exploitation |
| Unité 260 | 1 603 pi² | Bureau | Sur demande | - |
Unité 260
| Taille de l’unité |
| 1 603 pi² |
| Utilisation du condo |
| Bureau |
| Prix |
| Sur demande |
| Revenu net d’exploitation |
| - |
Unité 260
| Taille de l’unité | 1 603 pi² |
| Utilisation du condo | Bureau |
| Prix | Sur demande |
| Revenu net d’exploitation | - |
| Type de vente | Investissement |
| Description | |
| Excellent opportunity to acquire a fully leased professional office condominium in one of North Central Austin's most established office corridors. Suite 260 offers approximately 1,520 square feet of well-maintained office space with a long-term tenant already in place, creating immediate, stable cash flow for investors.<br> <br> Ideally located on Steck Avenue with convenient access to MoPac (Loop 1), Highway 183, Burnet Road, and North Austin's major employment centers, the property offers exceptional accessibility for clients and employees alike.<br> <br> Property features include:<br> <br> Approximately 1,520 SF<br> Strong long-term tenant in place<br> Lease secured through December 2029<br> Scheduled annual rent increases<br> Reserved covered parking plus additional common parking<br> Professional office environment<br> Excellent North Central Austin location<br> Ideal for 1031 exchange buyers or investors seeking passive income<br> Stable occupancy with immediate cash flow from closing<br> <br> Whether you're expanding your commercial investment portfolio or seeking a low-maintenance income-producing asset in a highly desirable Austin submarket, this leased office condominium presents an outstanding opportunity with long-term upside.</li></ul> | |
| Notes sur la vente | |
| See Agent</li></ul> |
Faits sur la propriété
Commodités
- Accès 24 heures
- Accès contrôlé
- Réception
Présenté par
3200 Steck Ave
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