OFFERING SUMMARY
List Price: $2,642,850
CAP Rate: 7.0%
Lease Type: Absolute Net
Gross Leasable Area: 2,940 SF
Lot Size: 0.22 Acres
Year Built: 2010
OFFERING HIGHLIGHTS
- Brand-New Fifteen-Year Absolute Net Lease to Commence at Close of Escrow
- Highly Successful Dental Business Just South of Downtown Austin
- Phenomenal Location in one of Austin’s Fastest-Growing Neighborhoods
INVESTMENT OVERVIEW
Diffie Retail Team at Marcus & Millichap is pleased to present this 2,940 square-foot dental office in just south of downtown Austin. The property will sport a brand-new fifteen year absolute net lease to be signed at close of escrow. This property is occupied by a highly successful dentist who has been practicing for over twenty-five years. Dr. Goehring performs a wide range of oral procedures, and the office is well-equipped for oral surgery to preventative care. The Austin metro remains one of the top destinations for migrating talent, and continues to see explosive year-after-year growth.
