Owner-User Office Building
For Sale
Contact for pricing
8733 Shoal Creek Blvd, Austin, TX 78757
Office building offered for sale with flexible tenancy in place and room for owner occupancy.
Property Size3,924 SF
Price / SF$369.52
Days on Market167
Property Features for 8733 Shoal Creek Blvd
General Information
Standard status
Active
Size
3,924 SF
Class
B
Property subtype
Office
Investment Type
Owner/User
Building Details
Year Built
1985
Year Renovated
2018
Buildings
1
Stories
2
Listing Agency:
Partners
Listed By:
Connor Watson · License #TX
(512) 580-6025
Source:
Crexi
Added: Mar 25
Changed: Aug 16
Last Checked: Sep 7 at 4:54AM
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
Investment Insights
Based on property information with market context.
This office building presents an owner-user opportunity with flexible tenancy in place. The offering includes a configured commercial space totaling 3,924 square feet, suited for an owner-occupant looking to combine personal use with existing tenancy.
The property is located at 8733 Shoal Creek Blvd in Austin, Texas (78757). Its current setup supports a straightforward path for buyers who want to control their occupancy while retaining the benefit of in-place tenancy.
For more details on the existing configuration and how the current tenancy is set up, interested parties should contact the listing team to review the lease and property-specific materials.
The property is located at 8733 Shoal Creek Blvd in Austin, Texas (78757). Its current setup supports a straightforward path for buyers who want to control their occupancy while retaining the benefit of in-place tenancy.
For more details on the existing configuration and how the current tenancy is set up, interested parties should contact the listing team to review the lease and property-specific materials.
Key Highlights
- Office building built in 1985
- Flexible tenancy in place, with room for owner occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$79,935
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,598,700
$1.6M
Cap Rate 7%
$1,141,929
$1.1M
Cap Rate 9%
$888,167
$888.2K
Market Conditions
NOI Build-Up for 3,924 SF
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.
Gross rent
$140.8K $35.88/SF
− Vacancy
−$34.2K −$8.72/SF
EGI
$106.6K $27.16/SF
− OpEx
−$26.6K −$6.79/SF
NOI
$79.9K $20.37/SF
Area
Austin, TX
Vacancy
24.30%
Lease Rate
$35.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,598,700
Cap Rate 7%
$1,141,929
Cap Rate 9%
$888,167
Alternative Uses
Best Use
Office B
$1.14M
$999.2K – $1.33M
NOI $79,935 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.54M
$1.35M – $1.79M
NOI $107,638 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,329
Businesses Nearby
Explore this area
Business Placement
Demographics for 78757, TX
23,847
Population
11,930
Households
2
Avg Household Size
37
Median Age
68%
College-Educated
97%
High-School Grad
5.0 sq mi
ZIP Area
4,769
Density / Sq Mi
$104,946
Median Household Income
$65,886
Median Earnings
$1,661
Median Rent
$629,500
Median Home Value
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building offered for sale with flexible tenancy in place and room for owner occupancy.
Where is this office building located?
The property is located at 8733 Shoal Creek Blvd Austin, TX.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Office building built in 1985; Flexible tenancy in place, with room for owner occupancy
