For Sale
$2,999,999

10418 Fm 620Austin, TX 78726

High-Yield, 100% Occupied Flex Space

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a portfolio of three single-story buildings totaling 5,000-7,000 square feet on a 0.45-acre lot in Austin, Texas. Located at the prominent corner of 10418 N FM 620 Rd and 11809 Buckner Rd (zip code 78726, Travis County), this multi-tenant property boasts a strong 3.35% cap rate and a substantial net operating income (NOI) of $100,600. Currently 100% occupied by established national tenants including AutoZone, Sherwin-Williams, and O'Reilly Auto Parts under a gross lease, this property offers immediate cash flow and long-term stability. The buildings feature 10-foot ceilings and are zoned SF-2. The property is offered at $2,999,999 with 100% ownership. This prime location benefits from low taxes and high visibility, making it an ideal investment for a discerning buyer seeking a stable, high-return asset in a thriving Austin market. Detailed financial information is available upon request.

Highlights

  • Corner lot at 620 and 11809 Buckner Rd. comprising two parcels.
  • Excellent investment opportunity with existing long-term tenants, or redevelopment potential for a convenience center, gas station, restaurant, or bar.
  • Financial details available upon request.

Property Details for 10418 Fm 620

Property type
Industrial properties, Flex space
Square Feet
5,000 SF
Buildings
3
Stories
1
Lot Size (sq. ft)
19,602 SF

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.443279966197
Longitude
-97.833194771747
10418 Fm 620, Austin, Texas

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10418 Fm 620
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