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Barton Creek Village 2700 Barton Creek Blvd

22,366 SF 91% Leased Office Building Austin, TX 78735 £8,372,215 (£374/SF) 6.52% Net Initial Yield

Investment Highlights

  • OFFICE / MEDICAL / RETAIL TENANCY
  • HUGE LAND PARCEL
  • ADJACENT TO QUERENCIA AT BARTON CREEK AND BARTON CREEK RESORT AND SPA
  • EXCELLENT PARKING WITH PARKING GARAGE
  • $277,000 ONE MILE AVERAGE HOUSEHOLD INCOME
  • 100 PERCENT LEASED TO LONG TERM TENANTS

Executive Summary

PRICE REDUCED! Seller financing might be available , speak to agent for more details. Prime Investment Opportunity - Irreplaceable real estate located in one of the most affluent neighborhoods in Austin (Avg 1 mile household income of $277,000) - Oversized land parcel with excess parking and parking garage (174,140 SF land size) - 8 miles from downtown Austin- Great mix of long term retail/ medical/ and office tenants
- Proximity to Omni Barton Creek Resort Spa (446 rooms) and County Club with 3 championship golf courses- Adjacent to Querencia at Barton Creek, a 38 acre independent senior living facility -Adjacent to new build to suit veterinary development. - Proximity to top rated private schools St Michaels and St Gabriels catholic.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
22,366 SF
Building Class
A
Year Built/Renovated
2006/2017
Price
£8,372,215
Price Per SF
£374
Net Initial Yield
6.52%
NOI
£545,940
Percent Leased
91%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
11,183 SF
Building FAR
0.13
Lot Size
4.00 AC
Zoning
F1 - Commercial
Parking
132 Spaces (7.2 Spaces per 1,000 SF Leased)

Amenities

  • Convenience Store
  • Dry Cleaner
  • Food Service
  • Security System
  • Signage
  • Storage Space
  • Central Heating
  • High Ceilings
  • Secure Storage
  • Wooden Floors
  • Outdoor Seating
  • Air Conditioning
  • Balcony
  • Fiber Optic Internet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
583385
Land Assessment
£409,002
Improvements Assessment
£6,041,328
Total Assessment
£6,450,330
  • Listing ID: 30707282

  • Date on Market: 04/03/2024

  • Last Updated:

  • Address: 2700 Barton Creek Blvd, Austin, TX 78735

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