Listing Agency: Cromwell Commercial Group Show Phone

Listed By: Bland Cromwell · License #206780 Show Phone

Source: Moodyscre

Added: Dec 30, 2024 Changed: Aug 15 Last Checked: Sep 6 at 1:24PM

Report an Issue

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 Cromwell Commercial Group

Investment Insights

Based on property information with market context.

This 36297-square-foot office building is located in Woodway, Texas, and offers convenient access to I-35, Highway 84, and Highway 6. The property features ample parking with two ingress and egress drives. It is fully leased through the end of 2031 under an absolute NNN lease, with 3% annual increases through 2031. The property has a 7% cap rate.

Key Highlights

• Fully leased through EOY 2031
• Absolute NNN Lease
• Enjoy a 7% Cap Rate

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith Garden Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

494

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Flexible Mixed-Use Property

303 Westlake Drive, Woodway, TX 76712

$290,000

2,968 SF

View details

Ranch Property with Barn and Shops

2029 Speegleville Road, Woodway, TX 76712

$1,390,000

5,278 SF

View details

Mixed-Use Property with RV Hookups

303 Westlake Dr, Woodway, TX 76712

$290,000

2,968 SF

View details

Cold Storage Facility with Office

209 Otis Dr, Woodway, TX 76712

$1,750,000

16,984 SF

View details

Class A Office Building

8225 Central Park Dr, Woodway, TX 76712

Contact for pricing

12,937 SF

View details

Office/Warehouse Flex Building

6808 Broad Ave, Woodway, TX 76712

Contact for pricing

4,201 SF

View details

Food Hall and Event Venue

8100 Woodway Dr, Woodway, TX 76712

Contact for pricing

28,954 SF

View details

Multi-Building Office and Retail

7701 Central Park Drive, Woodway, TX 76712

Contact for pricing

6,560 SF

View details

Sprinklered Industrial Warehouse

624 Texas Central Parkway, Woodway, TX 76712

Contact for pricing

95,000 SF

View details

Class A Spec Industrial Building

2901 Gateway Blvd, Woodway, TX 76712

Contact for pricing

226,800 SF

View details

Wendy’s Drive-Through Restaurant

1417 Hewitt Drive, Woodway, TX 76712

Contact for pricing

2,419 SF

View details

Woodway Industrial Park Office Space

201 Otis Dr, Woodway, TX

Contact for pricing

6,501 SF

View details

Frequently Asked Questions

What type of property is this?

Office building - Fully leased office building with easy highway access and parking.

Where is this office building located?

The property is located at 601 Texas Central Pkwy Woodway, TX.

What are key features of this property?

This property features: Fully leased through EOY 2031; Absolute NNN Lease; Enjoy a 7% Cap Rate