Reserve a space in the preeminent medical office center of Leander, Texas, located at the epicenter of the city’s rocketing growth and development. This is also a unique opportunity for tenants to gain a partial ownership interest in the building and make returns as part of their lease structure.
700 W Broade Street is a speculative 40,000-square-foot medical office slated to be the first, all-inclusive private practice destination with 12 different specialties in the building by completion. New tenants will be joined by Longhorn Imaging, Arthur Direct Care, Balance Health & Wellness, and Frontier Fusion Center. The owner will cover approximately half of the tenant improvement costs, providing a cost-saving advantage in designing the ideal space.
The owner and developer, Dunn & Drinkard Development Company, is offering a novel ownership model for physicians to gain equity in the building. Tenants will receive $20 per square foot of space leased in ownership interest, granting them regular returns on building profits and payouts if the building is sold.
Leander is poised to become a major economic driver of the Austin metro. It is near other communities like Cedar Park and Round Rock that have already seen the powerful impact of Greater Austin’s northward expansion and migration. Developers are rushing to keep up with expansion as massive projects are underway or planned to invigorate the area, most of which are in the vicinity of 700 W Broade Street. One of the most anticipated projects is Northline, Leander’s new downtown district positioned directly across US 183. Northline is a 116-acre mixed-use project expected to bring over 2 million square feet of office, retail, and hotel space, plus 300 townhomes and 2,250 apartment buildings, with the 343-unit Gramercy at Northline already delivered. 700 W Broade Street is one of only six medical office properties with available space in Leander, and none can boast such an idyllic location or offer the same incentives. Become one of the first practices to serve this up-and-coming city and invest in the growth with the unique building equity program by leasing at 700 W Broade Street today.
Parker Dunn
Dunn & Drinkard Development