for sale 13703 thermal dr · 2020-02-19 · serve as a financial advisor to any party regarding any...

F O R S A L E

1 3 7 0 3 T H E R M A LD R

EUGENE BATSON512.909.5080

[email protected]

2W e b s i t e : 7 S . l i f e

CONFIDENTIALITY & DISCLAIMER

Presented By:

7 STREAMS COMMERCIAL GROUP EUGENE BATSON9600 Great Hills Trl Suite 150w 512.909.5080Austin, TX 78759 [email protected]

All materials and information received or derived from 7 Streams Commercial Group its directors, officers,agents, advisors, affiliates and/or any third party sources are provided without representation or warranty asto completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance withapplicable governmental requirements, developability or suitability, financial performance of the property,projected financial performance of the property for any party’s intended use or any and all other matters.

Neither 7 Streams Commercial Group its directors, officers, agents, advisors, or affiliates makes anyrepresentation or warranty, express or implied, as to accuracy or completeness of the any materials orinformation provided, derived, or received. Materials and information from any source, whether written orverbal, that may be furnished for review are not a substitute for a party’s active conduct of its own duediligence to determine these and other matters of significance to such party. 7 Streams Commercial Groupwill not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed inwriting.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information andto conduct their own inspections and investigations including through appropriate third party independentprofessionals selected by such party. All financial data should be verified by the party including by obtainingand reading applicable documents and reports and consulting appropriate independent professionals. 7Streams Commercial Group makes no warranties and/or representations regarding the veracity,completeness, or relevance of any financial data or assumptions. 7 Streams Commercial Group does notserve as a financial advisor to any party regarding any proposed transaction. All data and assumptionsregarding financial performance, including that used for financial modeling purposes, may differ from actualdata or performance. Any estimates of market rents and/or projected rents that may be provided to a party donot necessarily mean that rents can be established at or increased to that level. Parties must evaluate anyapplicable contractual and governmental limitations as well as market conditions,vacancy factors and otherissues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by theparty with a certified public accountant or tax attorney. Title questions should be discussed by the party with atitle officer or attorney. Questions regarding the condition of the property and whether the property complieswith applicable governmental requirements should be discussed by the party with appropriate engineers,architects, contractors, other consultants and governmental agencies. All properties and services aremarketed by 7 Streams Commercial Group in compliance with all applicable fair housing and equalopportunity laws.

TABLE OFCONTENTS

13703 THERMAL DR, AUSTIN, TX 78728


PROPERTY OVERVIEWWith a few capital improvements, this property has the potential to bring strong cash flow for an investor or owneroccupant. It is 5,000 sf total broken up into three separate suites. The first 2,500 sf is built out as a convenience store thatis currently vacant and will include two coolers and display areas. The remaining square footage is used as industrialwarehouse space with two-grade level doors and high ceilings.

PROPERTY HIGHLIGHTS• Versatile property that would suit many uses

• Two grade-level doors

• Excellent visibility and accessibility from Howard Lane

• Easy access to Mopac Hwy and I-35

• High pylon sign

• High-density Wells Branch and Scofield neighborhoods

• Austin ETJ

OFFERING SUMMARYSale Price: $725,000

Building Size: 5,000 SF

Lot Size: 14,810 SF

Price / SF: $145.00

Year Built: 1978

Zoning: ETJ

Market: Austin MSA

Submarket: North/Domain Submarket

EXECUTIVESUMMARY



PROPERTY DESCRIPTIONWith a few capital improvements, this property has the potential to bring strong cash flowfor an investor or owner occupant. It is 5,000 sf total broken up into three separate suites.The first 2,500 sf is built out as a convenience store that is currently vacant and will includetwo coolers and display areas. The remaining square footage is used as industrialwarehouse space with two-grade level doors and high ceilings.

LOCATION DESCRIPTIONThe Property enjoys a highly visible and easily accessible location just off Howard Lanedirectly centered between MoPac Expressway (Loop 1) and Interstate 35. This offersexceptional access to all points of Austin and Round Rock.

The Austin metro area (MSA) remains arguably among the strongest major metroeconomies across the nation, as aggregate indicators show growth at a high level in thepast twelve months.

Tenants are attracted to the area due to its central location within the city, heavy residentialdemographics, quick highway access, nearby retail and restaurants, and the strongemployer base anchored by Dell’s world HQ, Apple’s new campus, The Domain, Indeed, andthe St. David’s North Austin Medical Center and Round Rock Medical Center less than threeand ten miles away.

PROPERTYDESCRIPTION



LOCATION INFORMATIONStreet Address 13703 Thermal Dr

City, State, Zip Austin, TX 78728

County Travis

Market Austin MSA

Sub-market North/Domain Submarket

Cross-Streets Howard Lane and Thermal Dr/Metric Blvd

Signal Intersection Yes

Nearest Highway Interstate 35

Nearest Airport Bergstrom

BUILDING INFORMATIONOccupancy % 0.0%

Tenancy Multiple

Ceiling Height 12 ft

Minimum Ceiling Height 10 ft

Number of Floors 1

Average Floor Size 5,000 SF

Year Built 1978

Free Standing Yes

Number of Buildings 1

PROPERTY HIGHLIGHTS• Versatile property that would suit many uses

• Two grade-level doors

• Excellent visibility and accessibility from Howard Lane

• Easy access to Mopac Hwy and I-35

• High pylon sign

• High-density Wells Branch and Scofield neighborhoods

• Austin ETJ

COMPLETEHIGHLIGHTS



ADDITIONALPHOTOS



Austin, TX

REGIONALMAP



AERIALMAPS


1 0W e b s i t e : 7 S . l i f e

POPULATION 1 MILE 3 MILES 5 MILESTotal Population 12,813 85,884 228,974

Median age 29.7 31.0 30.9

Median age (Male) 29.8 30.8 30.5

Median age (Female) 29.6 31.0 31.4

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILESTotal households 5,901 36,179 90,660

# of persons per HH 2.2 2.4 2.5

Average HH income $58,725 $64,784 $63,684

Average house value $178,641 $173,147 $163,401

* Demographic data derived from 2010 US Census

DEMOGRAPHICSMAP & REPORT


for sale 13703 thermal dr · 2020-02-19 · serve as a financial advisor to any party regarding any...

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