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11412 Bee Cave RdAustin, TX 78738
Preserve at Bee Cave, Building II
Asset ClassOffice
Square Feet21,315
Year Built: 2007Land: 2.5 Acres# Stories: 3Access Data Room
Prominent West Austin Office Building | 14,328 SF Available for Partial Owner User
overview of deal

Overview

Cushman & Wakefield’s Central Texas Private Capital Group is pleased to bring to the market Preserve at Bee Cave, Building II, a 21,315 square foot, three story office building in a thriving West Austin location. The property is ideally positioned on Bee Cave Road offering convenient access to the affluent West Austin communities including Bee Cave, Westlake, and Lakeway. The property is minutes away from the Hill Country Galleria and Shops at the Galleria, two Class A retail developments offering over 1 million square feet of retail, shopping, dining, and entertainment options. The property is currently fully leased to three tenants but offers optionality with a near term major tenant expiration, opening up the property to owner users for two full floors totaling 14,328 square feet. The Preserve at Bee Cave offers investors and potential owner users a high quality office building in a premier West Austin location at an attractive basis below replacement cost.

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Investment Highlights

  • Prominent West Austin Office Building
  • Premier Location on Bee Cave Road
  • Near Term Owner User Opportunity
  • Exceptionally Maintained Building Built in 2007
  • Above Market Parking Ratio Supporting Medical Office Use (4.41:1,000)
  • Below Replacement Cost in High Barrier to Entry Submarket

 

Preserve at Bee Cave can be purchased with the Securelink Building for a total of 44,018 SF. Contact broker for details.

Offering Overview

Description
Property Size
21,315 SF
Year Built
2007
Land Area
2.50 Acres
Parking
4.41:1,000 (17 Exclusive Covered Spaces)
Occupancy
100% (14,238 SF Available Q4)
Floors
3
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11412 Bee Cave RdAustin, TX 78738

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Listing provided by Revere CRE