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Office buildings
TX
West Lake Hills
78746
1122 Capital Of Texas Hwy

Property profile

1122 S Capital Of Texas Hwy Austin, TX 78746

FOR LEASE

Office buildings

Property ID

US82-4029828

63,592 SF 7.09 ac lot Built 1997

Entity Owned 11-yr Hold ~ Est. High Equity

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1122 S Capital Of Texas Hwy, Austin, TX 78746
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CityView Center, a Class A retail property in Austin, Texas' Southwest submarket, offers exceptional leasing opportunities. Located at 1122 S Capital of Texas Hwy, West Lake Hills, 78746, this three-story building boasts a total of 129,230 square feet, with 113,303 square feet currently vacant. Ideal for fitness centers or similar commercial uses, the space is divisible into units ranging from a minimum of 19,105 square feet to a maximum contiguous space of 48,956 square feet. The building features ample parking, with a ratio of 3.73 spaces per 1,000 square feet, and convenient elevator access. Constructed in 2000, CityView Center is situated in Travis County and benefits from its prime location within the desirable Southwest submarket of Austin. This presents a unique chance to establish or expand a business in a thriving area with excellent visibility and accessibility. The property's modern design and substantial square footage offer significant potential for a variety of commercial ventures. Inquire today to learn more about this exceptional leasing opportunity.

Property type Office buildings

Use group OFFICE BUILDING

Year built 1997

Total area 63,592 SF

Lot 7.09 ac (309,015 SF)

APN 111210202

UPID US82-4029828

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Material Handling Equipment Supplier Software Company
Marketing & Advertising (Bike/Boat/Book/etc) Store
Trucking Company
(Bike/Boat/Book/etc) Store Corporate Office
Electric Utility Company

1122 S Capital Of Texas Hwy Austin, TX 78746

Austin metro Census 1917 AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

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Comparable Approach Comparable

$10.31M

Blend (final) Blend

$10.88M

since 2015

6 recorded transactions

2015

Price N/A

2012

Price N/A

2011

Price N/A

2011

Price N/A

2006

Price N/A

1969

Price N/A

Top alternative use upside

Auto repair, garage $9.1M +50.3%

Commercial (general) $6.7M +10.4%

Comparables

6 recent transactions · within 1.5 mi

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