Thursday, November 12, 2015

For Sale, Austin, TX - Single Tenant Emergency Center for Sale - $500k Price Reduced


Subject: CDXMail: Office, Sale, Austin, TX - Single Tenant Emergency Center for Sale - Price Reduced

 

 

For Sale- Single Tenant Neighbors ER near Hwy 620 and Lakeline Mall

Price has been reduced to $4,558,000

View the flyer for more details

12701 Ranch Road 620 N


http://cdx.xceligent.com/Attachments/606/8876606.jpg

The subject property is a single tenant, absolute net lease, investment opportunity leased to Neighbors Health System inc, DBA Neighbors ER. This located is one of 27 emergency rooms operated by Neighbors Health Systems. Accessibility, visibility, and strong market fundamentals make this location ideal for the current use, or any future user. Located along major North Austin Traffic arterial, call hwy 620, across from Lakeline Mall and at the last exit of the east/west section of Toll Road 45.

 

Location

12701 Ranch Road 620 N

Austin, TX 78750

Park/Complex Name:

Market: Far Northwest

Submarket:

Cross Streets: SW of Ranch Road 620 N and Pecan Creek Blvd

 

Listing Summary

Price

$4,558,000

Price/SF

$479.94/SF

Sale Type

Inv. or Owner/User

Income

Cap Rate

5.00%

 

 

Property Description

Building Size

9,497 SF

Class

B

Common Area Factor

Parking Spaces

46

Floors

1

Status

Existing

Min Floor Size

9,476 SF

Parking Ratio

4.84/1000

Year Built

2002

Max Floor Size

9,476 SF

 

Longbow Real Estate Group

Jim Young, CCIM (512) 565-7509

Nick Nelson (512) 906-6757

 

205528

 



 

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