8305 Hwy 71 W - Storefront Retail/Office FOR SALE


Austin, TX 78735
$2,560,000 USD
512-949-9976
8305 Hwy 71 W, Austin, TX for Sale
$2,560,000 USD
Storefront Retail/Office - FOR SALE
1/38
null | 6.52% Cap Rate

Mar '25


8305 Hwy 71 W
Austin, TX 78735


HIGHLIGHTS

  • Excellent location and access
  • Significant amount of land and parking
  • Room for growth with under market rents

OVERVIEW

Excellent opportunity to own a cash flowing property in a growing area. Just past all the flyover exchange construction happening in Oak Hill. And only a couple miles from the Galleria and Spanish Oaks. This could be a cash flow investment or an owner user opportunity. Retail tenants on the bottom floor and executive suites on the 2nd floor. 1.41 acres with plenty of parking. Room for growth as much of the rent roll is under market. Several tenants have been in the building many years.

FOR SALE DETAILS

PRICE

$2,560,000 USD

PRICE/SF

$256 USD /SF

CAP RATE

6.52%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Oak Hill Retail & Executive Suites

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

LR

APN/PARCEL ID

04044401020000,04044401260000

ASK ABOUT THIS PROPERTY

Michael CoveyDovetail Commercial Real EstateMore Info
512-949-9976

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Michael CoveyDovetail Commercial Real EstateMore Info
512-949-9976

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