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Flex Warehouse with Office
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15705 Brenda St, Austin, TX 78728

Flex warehouse featuring 2,000 SF of office space and 5 oversized loading doors with 21' clear height.

Property Size8,000 SF
Price / SF$300
Days on Market148

Property Features for 15705 Brenda St

General Information

Standard status Active
Size 8,000 SF
Property subtype FLEX_R_AND_D
Listing Agency: CBRE | Austin
Listed By: Greg Marberry
Source: Moodyscre
Added: Mar 5 Changed: Jul 26 Last Checked: Jul 26 at 3:46AM

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 CBRE | Austin

Investment Insights

Based on property information with market context.

This flex warehouse includes two buildings totaling 8,000 SF, with 2,000 SF of office space and 6,000 SF of warehouse area. The warehouse is supported by five oversized loading doors for loading and receiving operations.

Warehouse clear height is described as 21' on center and 16' on the eave, offering practical vertical space for storage and light distribution uses.

The property is configured to combine administrative and operational space in a single ownership setup, with dedicated office space and a larger warehouse component under one offering.

Key Highlights

  • 8,000 SF total building area with 2,000 SF office and 6,000 SF warehouse
  • 5 oversized loading doors for loading and receiving
  • 21' clear height on center and 16' clear height on the eave

Financial Insights For Warehouse

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 $119.0k $14.88
− Vacancy −$16.8k −$2.10
EGI $102.3k $12.78
− OpEx −$15.3k −$1.92
NOI $86.9k $10.86
8,000 SF · lease $14.88/SF/yr · vacancy 14.10% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,917 @ 7.0% cap · market cap 3.62%
Second Best
Industrial
$1.02M
$894.7K – $1.19M (±1% cap)
NOI $71,579 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$3.13M
$2.74M – $3.66M (±1% cap)
NOI $219,445 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

5F Mechanical Group ... General Contractor

Suggested Use

Top Pick Law Firm Pharmacy Real Estate Agency Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store

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

742
Businesses Nearby
Well-served
Demand for This Use

Demographics for 78728, TX

25,555
Population
13,878
Households
1.8
Avg Household Size
33
Median Age
48%
College-Educated
94%
High-School Grad
7.7 sq mi
ZIP Area
3,319
Density / Sq Mi
$74,048
Median Household Income
$53,915
Median Earnings
$1,523
Median Rent
$392,600
Median Home Value

Market

Vacancy Rate% for Industrial in Austin, TX

7.5% 2019
5.7% 2020
3.9% 2021
4.3% 2022
9.1% 2023
13.3% 2024
21.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex warehouse featuring 2,000 SF of office space and 5 oversized loading doors with 21' clear height.
Where is this flex space located?
The property is located at 15705 Brenda St Austin, TX.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 8,000 SF total building area with 2,000 SF office and 6,000 SF warehouse; 5 oversized loading doors for loading and receiving; 21' clear height on center and 16' clear height on the eave
(512) 499-4914 Call to check price and availability
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