For-Sale Retail
For Sale
Contact for pricing
8600 Cross Park Dr, Austin, TX 78754
For-sale retail space totaling 9,200 SF located at 8600 Cross Park Dr in Austin, Texas.
Property Size9,200 SF
Price / SF$463.04
Days on Market97
Property Features for 8600 Cross Park Dr
General Information
Standard status
Active
Size
9,200 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Net Operating Income
$305,974
Building Details
Year Built
2018
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
ParaSell Inc
Listed By:
Scott Reid · License #21245
(949) 942-6585
Source:
Crexi
Added: Jul 17
Changed: Oct 21
Last Checked: Oct 20 at 9:26PM
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 ParaSell Inc
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Investment Insights
Based on property information with market context.
This for-sale retail space offers a total size of 9,200 square feet and is available as a commercial real estate opportunity in Austin, Texas. The property is listed under the retail space category and is presented with a full offering memorandum available via the provided link in the public remarks.
The asset is located at 8600 Cross Park Dr, Austin, TX 78754. For additional details on the property and terms, reference the offering memorandum linked in the remarks.
The asset is located at 8600 Cross Park Dr, Austin, TX 78754. For additional details on the property and terms, reference the offering memorandum linked in the remarks.
Key Highlights
- For‑sale retail space totaling 9,200 SF
- Located at 8600 Cross Park Dr in Austin, Texas
- Building was built in 2018
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$161,996
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,239,920
$3.2M
Cap Rate 7%
$2,314,229
$2.3M
Cap Rate 9%
$1,799,956
$1.8M
Market Conditions
NOI Build-Up for 9,200 SF
Gross rent
$239.6K $26.04/SF
− Vacancy
−$8.1K −$0.89/SF
EGI
$231.4K $25.15/SF
− OpEx
−$69.4K −$7.55/SF
NOI
$162.0K $17.61/SF
Area
Austin, TX
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,239,920
Cap Rate 7%
$2,314,229
Cap Rate 9%
$1,799,956
Alternative Uses
Best Use
Retail
$2.31M
$2.02M – $2.70M
NOI $161,996 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.61M
$3.15M – $4.21M
NOI $252,362 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,140
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Dining 10%
Valero Energy
Shops & Services
11,623 visits/mo
0.3 miles
Exxon
Shops & Services
10,130 visits/mo
0.3 miles
Domino's Pizza
Dining
2,483 visits/mo
0.4 miles
Demographics for 78754, TX
27,020
Population
13,195
Households
2
Avg Household Size
33
Median Age
42%
College-Educated
86%
High-School Grad
15.1 sq mi
ZIP Area
1,789
Density / Sq Mi
$92,964
Median Household Income
$49,730
Median Earnings
$1,704
Median Rent
$318,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Austin, TX
Frequently Asked Questions
What type of property is this?
Retail space - For-sale retail space totaling 9,200 SF located at 8600 Cross Park Dr in Austin, Texas.
Where is this retail space located?
The property is located at 8600 Cross Park Dr Austin, TX.
What is the asking price?
The asking price for this property is $4,260,000.
What are key features of this property?
This property features: For‑sale retail space totaling 9,200 SF; Located at 8600 Cross Park Dr in Austin, Texas; Building was built in 2018
