5901 Old Fredericksburg RdAustin, TX 78749

For Sale
$1,100,000

Austin Medical Office: High ROI, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
94
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.

Highlights

  • 4-year NNN lease with 3% annual rent increases.

Property Details for 5901 Old Fredericksburg Rd

Property type
Other office properties, Medical offices
Square Feet
2,251 SF
Year Built
2008
Buildings
1
Stories
1
Units
1

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.2337141
Longitude
-97.8483975
5901 Old Fredericksburg Rd, Austin, Texas

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5901 Old Fredericksburg Rd
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