3601 Davis LnAustin, TX 78749

This exceptional 6,400 square foot medical office building, constructed in 2023, presents a compelling investment opportunity. Located at 3601 Davis Ln, Austin, TX 78749, this single-story building boasts a strong 3.64% cap rate and a Net Operating Income (NOI) of $117,880. Currently featuring a multi-tenant occupancy of 70%, with one tenant under a 5-year NNN lease expiring January 31, 2029 (4.2 years remaining), and a second suite available for lease (shell condition). The property sits on a 0.86-acre lot in a prime location, just 1.25 miles from MOPAC, and minutes from Circle C Ranch and The Lady Bird Johnson Wildflower Center. Its convenient location is further enhanced by its proximity to a Valero gas station, retail strip center, Vincent's Restaurant, Brodie Lane Pharmacy, and a Subway. The asking price is $3,235,000, translating to $505.47 per square foot. The property is zoned LR and offers excellent lease options. This is a 1031 exchange eligible property, making it an attractive option for investors seeking tax advantages. The building comprises two units, with Suite 200 offering 2,190 square feet of office/retail space available for lease. This presents a unique opportunity to capitalize on the strong Austin market and secure a stable, high-yield investment.