$658,000
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11673 Jollyville RD #B-105-B106 Austin, TX 78759
1,956 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 1,956 sqft
Price per Sqft $318
Subdivision Ladera Park Office Condo Amd
MLS Listing ID 8297268
Sold Date 05/18/23
Originating Board actris
Year Built 2005
Annual Tax Amount $12,707
Tax Year 2022
Lot Size 2,700 Sqft
Acres 0.062
Property Sub-Type Office
Property Description
Exceptional Investment Opportunity in Prime Great Hills/Arboretum Location.
Long Term High Credit Tenant (Clinical Pathology Laboratories,Inc).
Approx. $40,000 per year cash flow, $14,000 per year depreciation
1956 Rentable Square Feet.
Modified Gross Lease with Property Tax Escalator ( Tenant responsible via additional rent for any property tax increase in excess
of base year ad valorum taxes 2020)
Usage:Medical/Office
NOTE: TAXES ARE FOR BOTH UNITS B105-B106 Combined ($12,707. / 2022 Tax)
Location
State TX
County Travis
Interior
Heating Central
Cooling Central Air
Flooring See Remarks
Fireplace N
Exterior
Utilities Available Electricity Connected
Accessibility None
Total Parking Spaces 178
Building
Sewer Public Sewer
Water Public
Structure Type Stone Veneer,Stucco
New Construction No
Others
Restrictions City Restrictions,Covenant,Deed Restrictions,Lease
Acceptable Financing Cash, Conventional
Tax Rate 1.9749
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Non Member