Highway 71 Retail and Office

8305 W Highway 71, Austin, TX

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For Sale

Contact for pricing

10,000 SF retail and office investment property for sale.

Type:RETAIL

Property size:

10,000 SF

Lot size:

0.48 Acres

Price / SF:

$256/SF

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
+/-6,000SF of ground floor retail space with NNN leases
+/-4,000SF of upstairs executive offices with Gross leases
Executive office tenants benefit from secure access, conference room, bathrooms, and break room

We can help!

Listing Contact

Michael Bullard

For Sale

Contact for pricing

10,000 SF retail and office investment property for sale.

Type:RETAIL

Property size:

10,000 SF

Lot size:

0.48 Acres

Price / SF:

$256/SF

Added:: Apr 11, 2025
Days on Market:: 436
Last Refresh:: May 20 at 9:29 pm

Property Features for 8305 W Highway 71

General Information

Standard status: Active
Size: 10,000 SF
Lot size: 0.48 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Michael Bullard

Listing agent Michael Bullard

Listing office Dovetail Commercial Real Estate

Listing date Apr 11, 2025

Source Moodyscre

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

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
+/-6,000SF of ground floor retail space with NNN leases
+/-4,000SF of upstairs executive offices with Gross leases
Executive office tenants benefit from secure access, conference room, bathrooms, and break room

Overview

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.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

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 (±1% cap)

NOI $203,709 @ 7.0% cap · market cap 7.96%

Second Best

Retail

$2.52M

$2.20M – $2.93M (±1% cap)

NOI $176,082 @ 7.0% cap · market cap 6.88%

Theoretical Best

Office A

$3.92M

$3.43M – $4.57M (±1% cap)

NOI $274,307 @ 7.0% cap · market cap 10.72%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Austin
County: Hays
State: Texas
Longitude: -97.8891
Latitude: 30.2469

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For sale
Retail space
TX
Austin
8305 W Highway 71

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

8305 W Highway 71, Austin, TX

10,000 SF retail and office investment property for sale.

Property Features for 8305 W Highway 71

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Freestanding Restaurant Site

Versatile Commercial Building in Avery Ranch

Austin Mixed-Use Commercial Property

Highway 290 Frontage Commercial Property

East Austin Commercial Property

North Austin Retail Investment Opportunity

Austin Quadplex Investment Opportunity

Lakeway Warehouse on RR 620

Prime Location Retail/Office Opportunity

New Austin Office/Warehouse Facility

Flex Industrial Portfolio with Three Buildings

Specialty Facility with Parking

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