Highway 71 Retail and
For Sale
Contact for pricing
8305 W Highway 71, Austin, TX
10,000 SF retail and office investment property for sale.
Property Size10,000 SF
Lot Size0.48 Acres
Price / SF$256
Days on Market481
Property Features for 8305 W Highway 71
General Information
Standard status
Active
Size
10,000 SF
Lot size
0.48 Acres
Property subtype
RETAIL
Listing Agency:
Dovetail Commercial Real Estate
(512) 468-5353
Listed By:
Michael Bullard
Source:
Moodyscre
Added: Apr 11, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:47AM
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 Dovetail Commercial Real Estate
Investment Insights
Based on property information with market context.
The property features 10,000 square feet of improvements situated on 1.41 acres of land. The ground floor retail space comprises approximately 6,000 square feet, divided among 4 tenants under NNN leases. The upstairs executive offices offer around 4,000 square feet, split among 7 tenants on Gross leases. The landlord provides executive office tenants with secure access, a common conference room, bathrooms, and a break room. This investment offers stable income and ample opportunity for upside with longstanding tenants at below-market rental rates.
Key Highlights
- Stable income from existing tenants
- Opportunity for increased income through rental rate adjustments
- Substantial 10,000 square feet of improvements on 1.41 acres
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $358.8k | $35.88 |
| − Vacancy | −$87.2k | −$8.72 |
| EGI | $271.6k | $27.16 |
| − OpEx | −$67.9k | −$6.79 |
| NOI | $203.7k | $20.37 |
10,000 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.91M
$2.55M – $3.40M
NOI $203,709 @ 7.0% cap · market cap 7.96%
Second Best
Retail
$2.52M
$2.20M – $2.93M
NOI $176,082 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$3.92M
$3.43M – $4.57M
NOI $274,307 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 10,000 SF retail and office investment property for sale.
Where is this retail space located?
The property is located at 8305 W Highway 71 Austin, TX.
What is the asking price?
The asking price for this property is $2,560,000.
What are key features of this property?
This property features: Stable income from existing tenants; Opportunity for increased income through rental rate adjustments; Substantial 10,000 square feet of improvements on 1.41 acres
