2200 Park Bnd Dr100-1 Austin, TX 78758-5387

This exceptional 20,000 square foot medical office building, constructed in 2004, presents a compelling investment opportunity. Located at 2200 Park Bend Dr, Austin, TX 78758, in Travis County, this multi-tenant property boasts 100% occupancy with two long-term tenants, enjoying a strong 6.50% capitalization rate and a Net Operating Income (NOI) of $720,000. The asking price is $11,100,000. The building features a Triple Net (NNN) lease structure, providing a stable and predictable income stream. With 25 parking spaces, the property is conveniently situated within the North Austin Medical Corridor, adjacent to St. David's Medical Center, and within a mile of the Domain and Q2 Stadium. Its GO-MU-CO zoning ensures flexibility and future development potential. The property's strategic location, coupled with its strong tenant base and high occupancy rate, makes it an attractive investment for discerning buyers seeking a stable, high-return asset in a thriving medical market. The two tenants have lease terms of five and seven years remaining, respectively, providing long-term financial security. Easy access to Loop 1 and Interstate 35 ensures convenient access for tenants and visitors.