4409 Menchaca Rd Austin, TX 78745
- Office Properties & Spaces
- 1,965 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 4409 Menchaca Rd
- Property size
- 1,965 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This 1,965-square-foot office building, located at 4409 Menchaca Rd in Austin, Texas, presents a compelling owner-user opportunity. The property, zoned LO-V-NP, sits on a 9,692.1 square foot lot and boasts a prime location on a high-traffic corridor with an estimated 25,815 vehicles passing daily, ensuring excellent visibility. Currently operating at 100% occupancy, the building offers a strong net lease opportunity with an asking price of $900,000, representing a $458.02 per square foot price and a 5.50% cap rate. Built in 1978, the property has undergone two complete renovations, once in the late 1990s and again in 2020, ensuring modern functionality. The building provides ample parking with 10 spaces (5 per 1,000 square feet). Its versatile design suits various uses, including creative office, executive office, and medical office spaces. The convenient location offers walkability to nearby amenities such as Radio Coffee & Beer, El Chilito, and Gold's Gym, enhancing its appeal. This Class C building presents a rare opportunity to acquire a fully occupied, renovated property in a thriving South Austin location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.7887
- Latitude
- 30.2288
