Multi-Tenant Professional Office Building

8705 Shoal Creek Blvd, Austin, TX
Deal Type:
Net Lease
Price:
$5,500,000
Cap Rate:
6.25%
Current Rent:
$622,344
Renewal Options:
See OM
Building Sq. Ft.:
26,016 SF (24,717 RSF)
Rent Increases:
See OM
Site Size:
2.03 Acres

Investment Highlights

  • Stream Capital Partners is pleased to offer the opportunity to acquire Creek Plaza, a 26,016 SF office building located at 8705 Shoal Creek Blvd. in Austin, TX. The property has 2.03 acres of frontage on Shoal Creek Blvd with easy access to both Mopac and Highway 183, with exposure to more than 308,000 vpd.
  • Conveniently located within close proximity to the Domain, Arboretum, Austin FC Soccer Stadium and the Triangle, the office consists of a diverse professional tenant mix. This property offers shorter term, below-market leases for an exceptional opportunity for investors to purchase a cash-flowing asset with upside in the rapidly growing Austin MSA.
  • Texas is one of seven states that does not impose a state income or investment tax.

Listing Agents

davy turner stream capital partners

Davy Turner

Vice President
310 433 5945
[email protected]

Broker of Record: Kyler Bean, Lic: 646910

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