Cushman & Wakefield’s Central Texas Capital Markets and Healthcare Capital Markets teams are pleased to present 2800 South IH‑35, a 56,966‑square‑foot value‑add medical‑oriented asset located in an affluent neighborhood just south of Downtown Austin. The property benefits from a high concentration of existing healthcare tenancy—approximately 65% of in‑place occupancy—providing stable, needs‑based demand and long‑term tenancy characteristics.

The investment opportunity is driven by below‑market in‑place rents (~15%) across both medical and non‑medical tenants, creating a clear and executable value‑add strategy through mark‑to‑market rent growth as existing leases naturally expire. Proforma NOI is expected to grow by ~34% over a 5-year hold.

2800 South IH‑35 is located in an affluent, yet underserved Central Austin medical market, surrounded by several major hospital systems including Dell Seton Medical Center, St. David’s South Austin Medical Center, and Baylor Scott & White. The property sits within 3.5 miles of Dell Seton, less than 5 miles from Baylor Scott & White’s South Austin campus, and approximately 2.5 miles from St. David’s South, positioning it as a convenient outpatient location for providers serving the surrounding hospital networks. The average household income within a 5-mile radius is over $130,000.

Healthcare demand in Central Austin continues to grow, fueled by ongoing investment from regional health systems, population growth, and the broader shift toward outpatient care delivery. Limited new medical office supply in the immediate submarket has resulted in consistently low vacancy and sustained tenant demand, supporting long‑term rent growth prospects. Combined with strong visibility, access, and a medical‑capable parking ratio, 2800 South IH‑35 offers investors an opportunity to acquire a cash‑flowing, medical‑weighted asset with durable tenancy and clear NOI upside through lease rollover and rental rate normalization.