7% CAP Iconic Austin Retail | Office 12,313 SF 1.39 AC Indian Motorcycle Bldg
2401 S Interstate 35, Austin, TX 78741
Property Highlights & Information
- Prime Investment Opportunity: Fully-leased property delivering a steady 7% CAP rate with cash flow secured through March 2026.
- Flexible Use Potential: Ideal for retail, office space, showroom, or creative studio space.
- Significant Remodel: $400,000 remodel by renowned Dick Clark Architecture firm elevating the property’s design and appeal.
- Strategic Location:
- 9 minutes (7.2 miles) to Austin-Bergstrom International Airport (ABIA).
- 14 minutes (10.3 miles) to Tesla Gigafactory.
- 10 minutes (4 miles) to downtown Austin via I-35.
- Opportunity Zone Benefits: Tax advantages and investment incentives for qualifying businesses and investors.
- Generous Parking: 52 parking spaces with a 4.22/1,000 SF ratio, accommodating high-traffic retail or office tenants.
- Visible and Accessible: Prominent signage visible from I-35 ensures excellent exposure and branding opportunities.
- Spacious and Versatile Layout: 12,313 SF of leasable area, accommodating a variety of tenant needs.
- Solid Financials:
- Net Operating Income (NOI): $315,000/year.
- Operating Expenses: $11.09 PSF ($136,438.17/year).
- Investment Highlights: Offered at $4.5M ($365.47/SF), this is a rare chance to own a remodeled, fully-leased, and income-producing property in one of Austin's hottest growth corridors.
- High-Traffic Corridor: Situated on a 1.39-acre lot in a bustling area with high demand for retail and commercial space
- Perfect for owner-users or investors looking for a stable, cash-flowing asset with future redevelopment potential in a thriving market!
Available Opportunities
For Sale 12,313 SF Warehouse Investment Sale
For Sale 1.39 Acres Investment Sale
Demographic Information
| Population (3m) | 164,206 |
|---|---|
| Average Household Income (3m) | $150,486 |
| Traffic Count | I-35 at Oltorf: 174,092 VPD (Source: CoStar 2022) Oltorf E/W at I-35: 36,980 VPD (Source: CoStar 2022) |
