4212 Medical Pky
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4212 Medical Pky
7,996 SF 100% Leased Office Building Austin, TX 78756 £2,840,400 (£355/SF)
Executive Summary
Colliers is pleased to offer a rare opportunity to lease or purchase a vacant, standalone, two-story medical office building in the heart
of Rosedale. The building totals 7,996 SF of rentable office space, assembled across four vacant suites. Originally constructed in 1973
and updated in 2022, 4212 Medical Parkway is situated on 0.2829 acres of commercially zoned land with 83 feet of frontage along
the highly coveted Medical Parkway corridor. The site includes 28 parking spaces at a ratio of 3.5:1,000, ensuring ample parking for
employees and visitors alike. The site sits nestled amongst the Live Oaks, Pecans, and Cedar Elms that line the uniquely vibrant Medical
Parkway thoroughfare, creating a treehouse effect for users of the 2nd floor. The site is strategically positioned between the major
thoroughfares of 38th and 45th Street and is surrounded by the amenity-rich neighborhoods of Rosedale, Allandale, Brykerwoods,
and Hyde Park.
of Rosedale. The building totals 7,996 SF of rentable office space, assembled across four vacant suites. Originally constructed in 1973
and updated in 2022, 4212 Medical Parkway is situated on 0.2829 acres of commercially zoned land with 83 feet of frontage along
the highly coveted Medical Parkway corridor. The site includes 28 parking spaces at a ratio of 3.5:1,000, ensuring ample parking for
employees and visitors alike. The site sits nestled amongst the Live Oaks, Pecans, and Cedar Elms that line the uniquely vibrant Medical
Parkway thoroughfare, creating a treehouse effect for users of the 2nd floor. The site is strategically positioned between the major
thoroughfares of 38th and 45th Street and is surrounded by the amenity-rich neighborhoods of Rosedale, Allandale, Brykerwoods,
and Hyde Park.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,996 SF
Building Class
C
Year Built
1973
Price
£2,840,400
Price Per SF
£355
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,998 SF
Slab to Slab
10 ft
Building FAR
0.65
Land Acres
0.28 AC
Zoning
LO, Austin
Parking
26 Spaces (3.25 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (84)
Bike Score ®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 219798 | Improvements Assessment | £725,617 |
| Land Assessment | £874,985 | Total Assessment | £1,600,602 |
PROPERTY TAXES
Parcel Number
219798
Land Assessment
£874,985
Improvements Assessment
£725,617
Total Assessment
£1,600,602
-
Patrick Hill -
Colliers
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4212 Medical Pky
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