5901 Old Fredericksburg Rd Austin, TX 78749
- Office Properties & Spaces
- 2,092 SF
- 0.23 lot acres
Current Use by Public Records
- Michael Le / Medical Clinic / Practitioner Service Location
- Crossroads Cattle Co / Livestock Dealer
- Elite Dentistry / Dental Implants Periodontist
- Dental Implant Office / Dentist
- FedEx Drop Box / Mailing Service
Property Details for 5901 Old Fredericksburg Rd
- Year built
- 2008
- Lot size
- 0.23 lot acres
- Property size
- 2,092 SF
- Property type
- Office Properties & Spaces
- APN
- 408281302
- APU
- 408281302
Description
This exceptional investment opportunity presents a 2,251 square foot, fully occupied medical office suite located at 5901 Old Fredericksburg Rd, Suite D102, Austin, TX 78749. The property, built in 2008, is a single-story building within a small office condominium complex, boasting a newly remodeled interior and a desirable location in Southwest Austin. The current tenant is under a 10-year NNN lease (commencing May 1, 2018, and expiring April 30, 2028), with approximately 3.4 years remaining. The lease includes a favorable 3% annual rent increase. The property offers a strong 6.14% cap rate and a substantial net operating income (NOI) of $67,530. The asking price is $1,100,000, translating to $488.67 per square foot. Conveniently situated near major roadways such as 290/71 and Loop 1, the property features ample parking (17 spaces per 1,000 sq ft), two private entrances, and attractive stone and metal exterior finishes. This stabilized investment presents a compelling opportunity for discerning investors seeking a high-return, low-risk medical office asset in a prime Austin location. The property is 100% occupied with a single tenant.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.8474
- Latitude
- 30.2336
- CBSA code
- 12420
- CBSA name
- AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
