4409 Menchaca RdAustin, TX 78745

For Sale
$900,000

1,965 SF Office, 100% Occupied, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
93
This 1,965-square-foot office building, located at 4409 Menchaca Rd in Austin, Texas, presents a compelling owner-user opportunity. The property, zoned LO-V-NP, sits on a 9,692.1 square foot lot and boasts a prime location on a high-traffic corridor with an estimated 25,815 vehicles passing daily, ensuring excellent visibility. Currently operating at 100% occupancy, the building offers a strong net lease opportunity with an asking price of $900,000, representing a $458.02 per square foot price and a 5.50% cap rate. Built in 1978, the property has undergone two complete renovations, once in the late 1990s and again in 2020, ensuring modern functionality. The building provides ample parking with 10 spaces (5 per 1,000 square feet). Its versatile design suits various uses, including creative office, executive office, and medical office spaces. The convenient location offers walkability to nearby amenities such as Radio Coffee & Beer, El Chilito, and Gold's Gym, enhancing its appeal. This Class C building presents a rare opportunity to acquire a fully occupied, renovated property in a thriving South Austin location.

Highlights

  • 1,965 SF office building on a 9,692 SF lot at 4409 Menchaca Rd, Austin, TX.
  • High-traffic location (25,815 VPD) with excellent visibility.
  • 100% occupied, offering a strong net lease opportunity with an asking price of $900,000 ($458.02/SF, 5.50% cap rate).
  • Fully renovated (1990s & 2020), offering modern functionality.
  • Ample parking (10 spaces).

Property Details for 4409 Menchaca Rd

Property type
Other office properties, Medical offices
Square Feet
1,965 SF
Class
C

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.228832831981
Longitude
-97.788752579778
4409 Menchaca Rd, Austin, Texas

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4409 Menchaca Rd
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