4105 Medical Pkwy Austin, TX 78756

Building Details

Year Built

1972

Listing Agency Commercial Industrial Properties Austin b**@cipaustin.com Show Phone

Listed by Bob Springer · License #TX 627720

Source Crexi

Added: Oct 2, 2024 Updated: Jul 6 at 8:36 am Checked: Jul 20 at 5:48 am

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Investment Insights

Based on property information with market context.

The property at 4105 Medical Parkway is a two-story professional office building situated in Austin's Central Medical District. The building, with a size of 7769 square feet, is suitable for small businesses, including lawyers, accountants, therapists, or any professional seeking a central location with high accessibility. The property features a long-term medical lease on the first floor and flexible leases on the second floor. The current tenants are on gross rates under market, presenting the potential for conversion to NNN leases and an increase of rent to market rates.

Key Highlights

• Prime location in the heart of Austin's Central Medical District.
• Opportunity for both investors and owner‑users.
• Long‑term medical lease in place on the first floor.

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FAQs

What type of property is this?

Office building - Two-story office building in Austin's Central Medical District.

Where is this office building located?

The property is located at 4105 Medical Pkwy Austin, TX.

What are key features of this property?

This property features: Prime location in the heart of Austin's Central Medical District.; Opportunity for both investors and owner‑users.; Long‑term medical lease in place on the first floor.