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408 W 45th St

408 W 45th St, Austin, TX 78751, USA

For Sale

$4,100,000

Deal Highlights

-MULTI-TENANT NNN INVESTMENT

-RARE MEDICAL OFFICE INVESTMENT OPPORTUNITY IN THE HEART OF AUSTIN, TX

-STRONG TENANT WITH 7 LOCATIONS IN THE GREATER AUSTIN AREA AND OVER 20 PRACTICING PHYSICIANS

-CLOSELY LOCATED TO ST. DAVID'S AND ASCENSION SETON MEDICAL CENTERS

-EASY ACCESS TO MOPAC EXPY AND I-35

-FAVORABLE STATE TAX LAWS: Texas is one of seven states that does not impose a state income or investment tax.

-UNPARALLELED MARKET GROWTH: According to NeighborhoodScout, the Austin MSA has seen a real estate appreciation of 67% over the last 10 years. Likely fueled by the numerous corporate relocations, the Austin MSA has maintained a steady population growth of approximately 2.5% annually and 29% over the last 10 years, ranking #3 according to the U.S. Census Bureau for percentage growth.

Contact Agent

Sean Anderson

512.647.1541

Property Details

Property Type

Medical Office

Building Size

9,183 SF

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