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 Market246
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
Listed By:
Tristen Palori · License #717593
(210) 816-2734
Source:
Crexi
Added: Feb 13
Changed: Oct 7
Last Checked: Oct 16 at 8:26AM
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
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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 / Yr
$178,856
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
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
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 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.
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Austin, TX
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.
