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7% Cap Iconic Austin Retail | Office 12,313 SF 1.39 AC Indian Motorcycle Bldg

$4,500,000

2401 Interstate 35, Austin, TX 78741

Active
Last Updated: 02/13/2025

7

Cap Rate

315,000

NOI

Details:
Cap Rate:    7%
NOI:    $315,000
Building Size:    12,313 sqft
Lot Area:    1.39 acres
Price Per Sqft:    $365.47
Parking Spots:    52
Highlights:
  • Prime Investment Opportunity: Fully-leased property delivering a steady 7% CAP rate with cash flow secured through March 2026.
  • Flexible Use Potential: Ideal for retail, office space, showroom, or creative studio space.
  • Significant Remodel: $400,000 remodel by renowned Dick Clark Architecture firm elevating the property’s design and appeal.
  • Strategic Location: -9 minutes (7.2 miles) to Austin-Bergstrom International Airport (ABIA). -14 minutes (10.3 miles) to Tesla Gigafactory. -10 minutes (4 miles) to downtown Austin via I-35.
  • Opportunity Zone Benefits: Tax advantages and investment incentives for qualifying businesses and investors.
  • Generous Parking: 52 parking spaces with a 4.22/1,000 SF ratio, accommodating high-traffic retail or office tenants.
  • Visible and Accessible: Prominent signage visible from I-35 ensures excellent exposure and branding opportunities.
  • Spacious and Versatile Layout: 12,313 SF of leasable area, accommodating a variety of tenant needs.
  • Solid Financials: -Net Operating Income (NOI): $315,000/year. -Operating Expenses: $11.09 PSF ($136,438.17/year).
  • Investment Highlights: Offered at $4.5M ($365.47/SF), this is a rare chance to own a remodeled, fully-leased, and income-producing property in one of Austin’s hottest growth corridors.
  • High-Traffic Corridor: Situated on a 1.39-acre lot in a bustling area with high demand for retail and commercial space
  • Perfect for owner-users or investors looking for a stable, cash-flowing asset with future redevelopment potential in a thriving market!
Map:
Documents:
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