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12885 RESEARCH BLVD Austin TX 78750

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Details
Property Type Office
Building SqFt 50,836
Year Built 1984
Days on Market ******
Latitude 30.4365
Longitude -97.7725

Property History

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Property Type
Property Type
Office
Marketing Description
Holliday Fenoglio Fowler, L.P. ( HFF ) has been exclusively retained to offer qualified investors the opportunity to purchase Research Business Park (the Property”), a two-building, Class B office park comprised of 50,836 square feet in Austin, Texas. Located on U.S Highway 183, Research Business Park offers tenants a strong surrounding amenity base and proximity to some of north Austin’s most affluent neighborhoods. Situated in the Northwest-Far Northwest submarket, Austin’s strongest suburban office submarket, the Property has continued to benefit from improving fundamentals and limited new deliveries. Currently 94% leased with rents averaging 5.1% below market at expiration, the Property features a strong in-place cash flow with mark-to-market opportunities. Research Business Park provides investors the opportunity to acquire a well-leased office park with value-add potential in Austin’s Northwest Technology Corridor.
Investment Highlights
  • Quality Mixed-use Asset With Value-add Opportunity
  • Irreplaceable Northwest Location
  • Transportation Thoroughfare
  • Top Performing Submarket

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
WS
Walter Saad
•••.•••.4999
••••••.saad@•••••.com
Brokerage logo
Listing removed on
 BY:
CN
Cathy Nabours PRO
•••.•••.4613
•••••.•••ours@•••••.com
Brokerage logo
Listing removed on
 BY:
KS
Kyle Shaffer PRO
•••.•••.4079
••••.•••ffer@•••••.com
Brokerage logo
Listing removed on
 BY:
JV
Josh Villarreal
•••.•••.9679
••••.••••••real@••.•••.com
Brokerage logo
Listing removed on
 BY:
KS
Kyle Spencer
•••.•••.1921
••••ncer@•••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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Austin, TX median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Austin, TX (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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