Listed by Partners - Austin
$1,450,000
Medical/Professional Office
Details
Property Type Office
Sub Type Executive Office, Medical Office
Square Footage 9,000
Occupancy 55%
Tenancy Multi
Price per SqFt $161
Year Built 1972
Buildings 1
Stories 2
Acreage 0.590
Investment Type Value Add
Value-Add Multi-Tenant Office | Seller Financing Available
Investment highlights
Motivated seller offering favorable financing terms to qualified buyers
±9,000 SF multi-tenant medical office currently 55% occupied, anchored by a long-term medical tenant with additional short-term leases providing immediate cash flow and upside through stabilization.
Pearl Street Montgomery, LLC occupies 46% of the building (4,100 SF) under a 5-year NNN lease commencing September 2026 with 3% annual rent increases, providing durable income and a strong credit foundation.
Vacancy across multiple suites allows ownership to drive NOI growth through targeted leasing to medical and professional users.
Existing month-to-month and short-term MG leases allow new ownership to re-tenant, reprice rents, or reposition suites without long rollover risk.
Listing Contacts
Listed by Partners - Austin
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Brokerage Address
Is there information that looks off?
