Flexible Northwest Austin Office
For Sale
Contact for pricing
10601 Pecan Park Blvd, Austin, TX 78750
Adaptable medical or professional office building in Northwest Austin.
Property Size8,780 SF
Price / SF$301.82
Days on Market200
Property Features for 10601 Pecan Park Blvd
General Information
Standard status
Active
Size
8,780 SF
Property subtype
Office
Zoning
Commercial
Investment Type
Owner/User
Building Details
Year Built
2007
Buildings
1
Units
3
Listing Agency:
Foresite Commercial Real Estate
(210) 816-2734
Listed By:
Tristen Palori · License #717593
Source:
Crexi
Added: Feb 13
Changed: Aug 31
Last Checked: Sep 1 at 1:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Foresite Commercial Real Estate
Investment Insights
Based on property information with market context.
The property at 10601 Pecan Park Blvd offers flexible space suitable for medical or professional offices. The 8780-square-foot building can be configured as a single unit or divided into three individual suites, providing multiple leasing and exit strategies for users and investors. The location in Northwest Austin offers visibility and benefits from strong area demographics, making it suitable for an owner-user looking to occupy part or all of the building or for an investor seeking a multi-tenant income asset.
Key Highlights
- Flexible space: Can be one contiguous building or divided into three suites.
- Multiple leasing and exit strategies for users and investors.
- Visible location in Northwest Austin.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$178,856
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,577,120
$3.6M
Cap Rate 7%
$2,555,086
$2.6M
Cap Rate 9%
$1,987,289
$2.0M
Market Conditions
NOI Build-Up for 8,780 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$315.0K $35.88/SF
− Vacancy
−$76.6K −$8.72/SF
EGI
$238.5K $27.16/SF
− OpEx
−$59.6K −$6.79/SF
NOI
$178.9K $20.37/SF
Area
Austin, TX
Vacancy
24.30%
Lease Rate
$35.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,577,120
Cap Rate 7%
$2,555,086
Cap Rate 9%
$1,987,289
Alternative Uses
Best Use
Office B
$2.56M
$2.24M – $2.98M
NOI $178,856 @ 7.0% cap · market cap 6.75%
Second Best
Healthcare Medical
$1.65M
$1.45M – $1.93M
NOI $115,685 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$3.44M
$3.01M – $4.01M
NOI $240,841 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,034
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78750, TX
28,348
Population
12,186
Households
2.3
Avg Household Size
40
Median Age
63%
College-Educated
96%
High-School Grad
11.8 sq mi
ZIP Area
2,402
Density / Sq Mi
$123,722
Median Household Income
$62,096
Median Earnings
$1,743
Median Rent
$552,800
Median Home Value
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Similar Off Market Nearby
- Innovetive Petcare — 10800 Pecan Park Blvd Suite 320, Austin, TX 78750
- Banfield Pet Hospital — 11066 Pecan Park Blvd Ste 315, Cedar Park, TX 78613
- Petco Vaccination Clinic — 14010 US-183 Ste 430, Austin, TX 78717
Frequently Asked Questions
What type of property is this?
Medical Office Space - Adaptable medical or professional office building in Northwest Austin.
Where is this medical office space located?
The property is located at 10601 Pecan Park Blvd Austin, TX.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Flexible space: Can be one contiguous building or divided into three suites.; Multiple leasing and exit strategies for users and investors.; Visible location in Northwest Austin.
