Property Description:
- 3.5 Acre Tract- Complete with a 42,000 sq. ft. medical office building with surface and garage parking equal to 5/1000 spaces.
- Unique High Quality Asset- All new Class A, 90% pre-leased medical property.
- Strategic Location- Located in a high growth, high median income, desirable suburban market west of
- Austin in Bee Cave. Property is situated to provide access to the local master planned community of Spanish Oaks as well as the city of Bee Cave.
- Tenant & Landlord Capital Investments- Tenants have invested significant money for ownership, making it cost prohibitive for the tenants to leave, thus minimizing the risk of lease renewals.
- Predictable Cash Flow with Long Term Tenancy- All leases are long-term 10 years or more, NNN with complete pass thru on expenses, and annual 3% rent increases.
- Year Developed: 2018
Tenants:
- Austin Gastro Endoscopy Center
- Lake Austin Eye
- Women’s Health – Dr. Lisa Jukes Gynecology
- Endeavor PT
- HyGIeaCare
