Uptown Medical Plaza
Land | 1.13 acres
Marketing description
Transwestern Healthcare Capital markets (“Transwestern”) is pleased to offer for sale the fee simple interest in a 1.13-acre tract of land located at 2900 N Shields Drive in Austin TX. The property is positioned within a highly active commercial corridor that continues to attract medical, retail, and office users. This flexibility allows investors the opportunity to best serve market and tenant demand.
Investment highlights
Opportunity to acquire 1.13-acres of land with MoPac Expressway Frontage, just one mile north of St. David's Medical Campus.
Convenient access to MoPac expressway, one of Central Texas’s most heavily traveled corridors, which sees nearly 180,000 vehicles per day.
Proximity to a major healthcare campus in St. Davids North, and one of the city's largest retail hubs in the Domain. The site is also adjacent to several residential neighborhoods and apartment projects with built-in patients and clients in the immediate surrounding area.
Site plan approval for a +/- 7,200 square foot building, offering speed to market and cost savings for developers or owner-users wishing to get a project kicked off or modified quickly to adjust the existing approved site plan.
Future Development Opportunities
While medical outpatient development represents the most natural use case given the surrounding healthcare ecosystem, the Site’s location and configuration also support professional office development. This flexibility allows investors the opportunity to best serve market and tenant demand.
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