Reserve Building 4

500 N Capital of Texas Hwy. Building 4, Austin, Texas 78746

7,927 SF free standing office building at The Reserve on North Capital of Texas Highway. Great user or investor property. Currently two suites, the full first and second floors. First floor can be easily subdivided into two suites. Owner occupies the second floor and will sign a short-term lease back (up to two years); or will vacate with a two-week notice, leaving the top floor available to a potential user. First floor has a below market lease expiring on November 30th, 2021. The tenant is a national accounting firm that recently purchased a local firm and assumed the existing lease. This gives the new owner the flexibility to expand into the whole building or renegotiate the lease to market rate. The property has been very well maintained and is in excellent condition. The property has nice views over the Wild Basin Preserve from the second floor.

Features

Price: $2,338,465

Zoning: LO - LR

Office: For Sale

Office, Free Standing

Total SF: 7,927

Total Acres: 18.66

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