7745 Chevy Chase DrAustin, TX 78752

This exceptional investment opportunity presents Chase Park Building 5, a three-story, Class B office building totaling 57,468 square feet of net rentable space. Located at 7745 Chevy Chase Dr, Austin, TX 78752, this property sits on a 2.23-acre lot and offers 76 parking spaces. Built in 1975, the building features a traditional office design. Currently operating under a multi-tenant lease with one tenant, the lease is a NNN type and expires February 28, 2027, leaving a remaining term of approximately 2.3 years. The current occupancy rate is 34%. The asking price is $6,700,000, translating to $116.59 per square foot. This owner-user opportunity presents a unique chance to acquire a well-maintained asset in a desirable Austin location. The property's strategic location provides excellent access to major transportation arteries, including I-35 and Highway 183. The substantial lot size offers potential for future development or expansion. This is a rare opportunity to acquire a significant office building in a thriving Texas market. The property is well-suited for a variety of uses, making it an attractive investment for both owner-occupiers and investors seeking a strong return. The building's features include a dramatic full-height atrium.