Cherry Peak Office Complex

Highlights:

• Two-Tenant Medical Office | Owner-User Opportunity | NNN Leases | 100% Leased
• 2,729 SF | Free-Standing Individual Structure Professional Office Complex
• Austin Metro Area | 30 Minutes from Downtown Austin and Austin Bergstrom Airport
• Prestigious Demographic in Bee Cave | Average HH Income $236,000+ in 5-mile radius
• Prime Location with close proximity to The Hills Country Club, Falconhead Golf Club, Lake Travis High School, and major retailers like Target, Home Depot, H-E-B, and Walgreens and more

Description:

TREK Investment Group is pleased to offer for sale Cherry Peak Office Complex. Cherry Peak offers an investor an exception opportunity to acquire an investment or owner-user medical office featuring NNN Leases, situated in Bee Cave, a highly sought-after affluent community in the Austin metro area.

-- Located in the hills of central Texas, Austin is the state's capital and the seat of Travis County. For the eighth consecutive year, Austin MSA of over 2 million population, was ranked as the fastest-growing area in the country among metros with at least 1 million people. Austin is the 11th most populous city in the U.S., the 4th most populous city in Texas and 2nd most populous state capital in the U.S. after Phoenix, Arizona.
-- The diversified economy is based on state government, education, technology, manufacturing, research and development, software, and an ever growing health care system.
-- High-tech companies constitute 13.6% of all jobs, compared to 6.7% nationally, as technical services and computer manufacturing show to be a stable employer. As home to these development centers for technology corporations the city has been tagged with the unofficial nickname of "Silicon Hills".
-- Austin is home to many Fortune 500 companies' headquarters and offices including Apple, Google, IBM, Intel, Texas Instruments, Whole Foods, Dell, Dropbox, Ebay/PayPal, Samsung, Sony, Facebook, Amazon.com, Cisco and many others.
-- The University of Texas, along with seven other universities in the area, graduate more than 15,000 students per year making Austin one of the most educated U.S. cities. The University of Texas was ranked in the top 20 public universities nationally in both The Business Journal and the U.S. News & World Report, as well as in the top 20 for best value in both Kiplinger and Forbes in 2016.
-- Known as "The Live Music Capital of the World", Austin is home to more music venues per capita than any other U.S. city, as well as many musicians and the popular PBS concert series Austin City Limits, and South by Southwest.

AUSTIN Rankings
- #1 America's Best Job Market - Wall Street Journal, 2020
- #1 Best Place to Start a Business - Inc., 2020
- #3 Best place to live in the U.S. - U.S. News & World Report 2020
- #12 Biotech and Life Science Center in the U.S. - Milken Institute Ranking
- 35th Largest Metropolitan Economy in the U.S.

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