4212 Medical Pky - Office FOR SALE


Austin, TX 78756
$3,600,000 USD
512-922-1179
4212 Medical Pky, Austin, TX for Sale
$3,600,000 USD
Office - FOR SALE
1/17
null | Request Cap Rate

4212 Medical Pky
Austin, TX 78756


OVERVIEW

Colliers is pleased to offer a rare opportunity to lease or purchase a vacant, standalone, two-story medical office building in the heart of Rosedale. The building totals 7,996 SF of rentable office space, assembled across four vacant suites. Originally constructed in 1973 and updated in 2022, 4212 Medical Parkway is situated on 0.2829 acres of commercially zoned land with 83 feet of frontage along the highly coveted Medical Parkway corridor. The site includes 28 parking spaces at a ratio of 3.5:1,000, ensuring ample parking for employees and visitors alike. The site sits nestled amongst the Live Oaks, Pecans, and Cedar Elms that line the uniquely vibrant Medical Parkway thoroughfare, creating a treehouse effect for users of the 2nd floor. The site is strategically positioned between the major thoroughfares of 38th and 45th Street and is surrounded by the amenity-rich neighborhoods of Rosedale, Allandale, Brykerwoods, and Hyde Park.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$450 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,323 SF

ZONING

LO, Austin

APN/PARCEL ID

219798

ASK ABOUT THIS PROPERTY

Patrick HillColliersMore Info
512-922-1179

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Patrick HillColliersMore Info
512-922-1179

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.