Asking Price Contact for pricing
Sq. Footage N/A
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1984

Property Description

Two (2) one (1) story office/retail buildings totaling 50,836 SF in Northwest Austin.

Investment Highlights

Research Business Park, a two-building, Class B office park comprised of 50,836 square feet in Austin, Texas. Located on U.S Highway 183, Research Business Park offers tenants a strong surrounding amenity base and proximity to some of north Austin’s most affluent neighborhoods. Situated in the Northwest-Far Northwest submarket, Austin’s strongest suburban office submarket, the Property has continued to benefit from improving fundamentals and limited new deliveries. Currently 94% leased with rents averaging 5.1% below market at expiration, the Property features a strong in-place cash flow with mark-to-market opportunities. Research Business Park provides investors the opportunity to acquire a well-leased office park with value-add potential in Austin’s Northwest Technology Corridor.
Cathy Nabours
Cathy Nabours
Managing Director
Licensed in
479015
Walter Saad
Walter Saad
Managing Director
Licensed in
415184

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