4005 Menchaca Rd Austin, TX 78704
This exceptional two-story, 10,420-square-foot office building in Austin, Texas, presents a unique investment opportunity. Formerly the headquarters of Texas Health and Science University, the property boasts a versatile layout suitable for a variety of uses, including traditional office, medical office, creative office, executive office, or even a school campus. The building is situated on a 20,908-square-foot lot at 4005 Menchaca Rd, Austin, TX 78704, and features 28 parking spaces. With a minimum divisible space of 1,000 square feet, the property offers flexibility for both large and small tenants. Built in 1986, the Class B building is conveniently located less than three miles south of downtown Austin, providing easy access to major highways including Highway 71, Highway 290, Highway 1 (MOPAC), and I-35. The property's location offers proximity to local amenities such as Radio Coffee and Dan's Hamburgers. The property is zoned LO, allowing for a range of office and educational uses. The APN is 308103. The building has no elevators. This is an excellent opportunity to acquire a well-located, adaptable property in a thriving Austin market. The property is comprised of one building with two stories. Owners are open to dividing the space to accommodate smaller tenants.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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