Great Multi Unit Flex/Industrial Property with below market rents available at a 5.5% Cap Rate. The below market rents allow for additional income as the leases expire. Two of the spaces are entirely Heated and Cooled (3000 sq ft and 6000 sq ft). The largest space of around 11,000 sq ft has about 2,000 sq ft of heated and cooled office space.
The building includes nine entrances and nine dock doors allowing for further division in the future and lots of flexibility for future tenants.
Building was recently painted and new fencing and gates were added.
• Austin’s Industrial market is one of the hottest in the nation, spurred by significant population growth
• Property is in close proximity to Austin Bergstrom International Airport
• The submarket is growing exponentially as a result of the construction of Tesla’s new $1 Billion Gigafactory
• Property is adjacent to an Amazon distribution center
Property Listed by: Realized Realty LLC
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 25th, 2021 at 7:15pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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