4107 Medical Parkway
Menu
OVERVIEW
4107 Medical Parkway is an excellent investment opportunity located approximately four miles North of Downtown Austin. The property is a newly remodeled two-story professional office building that sits within the booming Central Medical District. Within walking distance to Central Market, Lamar Central, Seton Hospital, Austin Heart Hospital, and many other parks, shops and restaurants.
This office building provides easy access to Mopac from 35th or 45th street, allowing quick travel throughout the city.
FEATURES
- Located 4 blocks away from Seton Medical
- Excellent investment opportunity
- Easy access to Mopac
- Walking distance of Central Market and The Triangle
PROPERTY
Property Type
Office
RBA (sf)
12300
Floors
2
Typical Floor (sf)
5764
Year Built
1970
Renovated
2016
Tenancy
Multi
Construction
Masonry
Parking Type
Surface
Parking Ratio
3.33
Land Area (ac)
.49
Zoning
LO
ABN / Parcel ID
217819
DETAILS
4107 Medical Parkway is an excellent investment opportunity located approximately four miles North of Downtown Austin. The property is a newly remodeled two-story professional office building that sits within the booming Central Medical District. Within walking distance to Central Market, Lamar Central, Seton Hospital, Austin Heart Hospital, and many other parks, shops and restaurants.
This office building provides easy access to Mopac from 35th or 45th street, allowing quick travel throughout the city.
Sale Type
Investment OR Owner/User
Price
$3,800,000
Current Cap Rate
5.3%
Current NOI
$258,821
100% Cap Rate
6.3%
100% NOI
$309,437
AGENTS
DOCUMENTS
PHOTOS
