Austin Warehouse and Office
For Sale
$2,400,000
15705 Brenda Street, Austin, TX 78728
8,000 SF Austin property with warehouse and office space.
Property Size8,000 SF
Price / SF$300
Days on Market213
Property Features for 15705 Brenda Street
General Information
Standard status
Active
Size
8,000 SF
Property subtype
FlexIndustrial
Site & Location
Neighborhood
Tech Ridge
Listing Agency:
CBRE | Austin
Listed By:
Greg Marberry
(512) 499-4914
Source:
Cbre
Added: Mar 25
Changed: Oct 19
Last Checked: Oct 23 at 5:47AM
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 CBRE | Austin
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Investment Insights
Based on property information with market context.
This 8,000 square foot property in Austin offers a dynamic investment opportunity. The property includes both office and warehouse space, making it suitable for businesses looking to expand or establish themselves in the Austin area. The warehouse provides ample storage space. The property's location near I-35, Wells Branch, SH 45, and Mopac facilitates efficient transportation of goods and services. The property consists of a 2,000 square foot office building and a 6,000 square foot warehouse. The warehouse features five oversized loading doors and a clear height of 21 feet on center and 16 feet on the eave.
Key Highlights
- Strategic location near I‑35, Wells Branch, SH 45 and Mopac for efficient transportation.
- Total of 8,000 SF of space suitable for various businesses.
- 6,000 SF of warehouse space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,579
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,431,580
$1.4M
Cap Rate 7%
$1,022,557
$1.0M
Cap Rate 9%
$795,322
$795.3K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$119.0K $14.88/SF
− Vacancy
−$16.8K −$2.10/SF
EGI
$102.3K $12.78/SF
− OpEx
−$30.7K −$3.83/SF
NOI
$71.6K $8.95/SF
Area
Austin, TX
Vacancy
14.10%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,431,580
Cap Rate 7%
$1,022,557
Cap Rate 9%
$795,322
Alternative Uses
Best Use
Industrial
$1.02M
$894.7K – $1.19M
NOI $71,579 @ 7.0% cap · market cap 2.98%
Second Best
Flex RnD
$949.5K
$830.8K – $1.11M
NOI $66,466 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$3.13M
$2.74M – $3.66M
NOI $219,445 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Austin, TX
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Frequently Asked Questions
What type of property is this?
Flex space - 8,000 SF Austin property with warehouse and office space.
Where is this flex space located?
The property is located at 15705 Brenda Street 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: Strategic location near I‑35, Wells Branch, SH 45 and Mopac for efficient transportation.; Total of 8,000 SF of space suitable for various businesses.; 6,000 SF of warehouse space.
