1450 W Parmer Ln
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OVERVIEW
Single tenant long term lease tenant. Dentists are considered one of the safest tenants being that they never move. Interior is immaculate with new carpeting, freshly painted walls, and young air conditioners. Eight chairs, waiting room, two consulting offices, lab, 4 bathrooms (one with shower), and an executive suite on the second floor. Equipped with state-of-the-art instruments. With excellent exposure right on Parmer Ln, minutes from the Domain, Austin MLS stadium, and new Apple HQ2 campus.
FEATURES
- High Traffic Exposure
- Ideal for Investor
- Single-Tenant Long-Term Lease
- Rapidly Growing Parmer Lane Corridor
PROPERTY
Property Type
Office
Sub-Type
Medical
RBA (sf)
4330
Floors
2
Year Built
2003
Tenancy
Single
Construction
Stucco Over Slab
Parking Type
Surface
Parking Spaces
24
Land Area (ac)
1.12
Zoning
LO
DETAILS
Single tenant long term lease tenant. Dentists are considered one of the safest tenants being that they never move. Interior is immaculate with new carpeting, freshly painted walls, and young air conditioners. Eight chairs, waiting room, two consulting offices, lab, 4 bathrooms (one with shower), and an executive suite on the second floor. Equipped with state-of-the-art instruments. With excellent exposure right on Parmer Ln, minutes from the Domain, Austin MLS stadium, and new Apple HQ2 campus.
This opportunity is suited for an investor. Current lease expires 12/31/24, and tenant has two 10-year options to renew at market rates. Lease provided upon request with signed NDA.
Sale Type
Investment
Price
$3,500,000
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