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3807 Spicewood Springs Rd
Austin, TX 78759

$4,100,000 USD

Medical Condo For Sale  •  10,613 SF

Property Details

  • Property Type Medical
  • Total Building Size 21,226 SF
  • Lot Size 1.72 AC
  • Building Class B
  • Year Built 1983
  • Tenancy Multiple
  • Zoning LO, Austin
33 Transit Score
54 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit B Medical 10,613 SF $4,100,000 USD
  • Unit Size: 10,613 SF
  • Condo Use: Medical
  • Price: $4,100,000 USD
  • Sale Type: Investment
  • Price/SF: $386.32 USD
Description
Full 2nd Floor Condo

Sale Notes
2 Medical tenants

Description

Two (2) tenant office condo located in highly desirable Northwest Austin neighborhood. (Trophy Location!)
• Both medical tenants are well “seasoned” and have been at this location for many years. Additionally, each tenant exercised a five (5) year renewal option and there is approximately three and a half years (3.5) remaining on each lease
• Approximately 10,613 SF (entire second floor)
• Both suites have full medical buildout with multiple exam rooms
• Well-maintained building with no deferred maintenance
• Close proximity to hospitals, malls, and the Central Business District
• No Remaining Renewals

Highlights

Excellent Medical Location approximately 9 minutes from Ascension Seton Medical Center
Attractive Garden Style Office with easy access to nearby major traffic arteries
Fully Occupied, Two Tenant Medical Condo with "well seasoned" tenants
Approximately 3 years remaining on both leases with no further renewal options
Excellent short term Leased Investment for an Owner/User with plans to occupy
Professionally managed building with no deferrred maintenance

Property Flyers

Amenities

  • Property Manager on Site
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Austin (Texas Eagle - Amtrak) 12 min - 7.8 mi
AirportDriveWalkDistance
Austin-Bergstrom International 32 min - 19.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 107
Type: Surface
Included in Rent: Yes
David Hummel 713-540-9116 Advisors Commercial Real Estate
David Hummel 713-540-9116 Advisors Commercial Real Estate