11851 Jollyville RdAustin, TX 78759

This exceptional investment opportunity presents a 3,173 square foot medical office building in Austin, Texas, currently 100% occupied by a credit-rated dental tenant. The property is offered at $1,625,000, representing a compelling $512.13 per square foot price and a 7.75% capitalization rate based on a Net Operating Income (NOI) of $126,000. The tenant, a well-established dental practice backed by a large, private equity-funded dental group with over 700 locations nationwide, holds a Net Lease (NNN) agreement with minimal landlord responsibilities. The lease includes a 5-year option with a 5% rent bump, demonstrating the tenant's long-term commitment to the location. Situated at 11851 Jollyville Rd, Austin, TX 78759, this property benefits from its location in an affluent area with an average household income exceeding $128,654 within a 3-mile radius and a population exceeding 99,400 within the same area. The property's strong tenant, favorable lease terms, and prime location make it an attractive investment opportunity for discerning buyers seeking a stable, high-yielding asset in a thriving market. The building consists of a single unit and offers significant upside potential.