Fully Leased Medical Office
7000 Bee Caves Rd Austin, TX 78746
7000 Bee Caves Rd, Austin, TX, 78746
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For Sale
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Purpose-built medical office building on 1 acre with 20,042 SF and multiple tenants.
Property Size20,042 SF
Lot Size1.00 Acre
Price / SF$386.69
Days on Market98
Property Features for 7000 Bee Caves Rd
General Information
- Standard status
- Active
- Size
- 20,042 SF
- Lot size
- 1.00 Acre
- Property subtype
- Office
Building Details
- Year Built
- 1999
Listing agency
Partners - Austin
Listed by
Ryan McCullough, SIOR · License #TX 742422
Source
Crexi
Added: Apr 16 Updated: Jul 21 at 12:00PM Checked: Jul 21 at 12:00PM
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 Partners - Austin
Investment Insights
Based on property information with market context.
7000 Bee Caves Road is a purpose-built medical office building offering a fully leased configuration with multiple tenants. The property totals 20,042 square feet and sits on 1.0 acre.
Located in Austin, Texas within the Westlake submarket, the building is positioned along a prominent, high-demand commercial corridor.
For buyers seeking a medical office asset with an in-place income profile, this offering provides a stabilized structure with tenant occupancy already established at the property.
Located in Austin, Texas within the Westlake submarket, the building is positioned along a prominent, high-demand commercial corridor.
For buyers seeking a medical office asset with an in-place income profile, this offering provides a stabilized structure with tenant occupancy already established at the property.
Key Highlights
- Purpose‑built medical office building built in 1999
- 20,042 SF medical office building on 1.0 acre
- Fully leased property with multiple tenants
Local Financial Insights For Healthcare Medical
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 | $481.0k | $24.00 |
| − Vacancy | −$40.9k | −$2.04 |
| EGI | $440.1k | $21.96 |
| − OpEx | −$176.0k | −$8.78 |
| NOI | $264.1k | $13.18 |
20,042 SF · lease $24.00/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$3.77M
$3.30M – $4.40M
NOI $264,073 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.85M
$6.87M – $9.16M
NOI $549,765 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Better Homes and Gardens ...
Real Estate Agency
Joseph R Feste ...
Physician
Center for Autistic Spectrum ...
Medical Clinic
Dr. Lynn L. ...
Physician
Geode Health
Physician
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FAQs
What type of property is this?
Medical center - Purpose-built medical office building on 1 acre with 20,042 SF and multiple tenants.
Where is this medical center located?
The property is located at 7000 Bee Caves Rd Austin, TX.
What is the asking price?
The asking price for this property is $7,750,000.
What are key features of this property?
This property features: Purpose‑built medical office building built in 1999; 20,042 SF medical office building on 1.0 acre; Fully leased property with multiple tenants
