Property History
Property Type
Property Type
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
Financial History
Tax History
Contact Information
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Ownership Information
Property Details
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Contacts
Map
Comparable Properties
Rental Market Overview
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