4407 and 4409 Pack Saddle Pass 2 biens | Bureau | À vendre | 1 705 940 € | Austin, TX

PROPERTY OVERVIEW & LOCATION:
Strategically positioned in Austin's rapidly expanding southwest corridor, this investment property sits at the epicenter of significant area transformation. The nearby Brodie Oaks mixed-use development represents just one of several major projects reshaping this submarket, bringing increased density, retail amenities, and affluent residents to the area. This prime location offers unparalleled walkability to Central Market, Austin's premier grocery destination, placing the property in a highly desirable neighborhood surrounded by strong demographics including high household incomes and education levels. The property benefits from excellent accessibility via major thoroughfares while maintaining a neighborhood feel that attracts quality tenants.
FINANCIAL PERFORMANCE & TERMS:
Competitively priced at $2M, this property delivers immediate returns with a robust 6.65% cap rate over the expected lease term. The investment features contractual 3% annual rent increases built into the lease agreement, providing predictable income growth that outpaces inflation. Initial Net Operating Income stands at $109,314.83 on a true NNN lease structure, minimizing landlord responsibilities and expenses. The credit-worthy tenant eliminates collection risk and ensures stable cash flow. For qualified investors, seller financing options are available, potentially enhancing returns and providing flexible acquisition terms in today's interest rate environment.
INVESTMENT OPPORTUNITY & UPSIDE:
This property represents a rare combination of immediate cash flow and significant value-add potential. While generating strong current returns, the asset is positioned for substantial appreciation through multiple avenues. The surrounding development activity and infrastructure improvements continue to drive property values upward in this submarket. Redevelopment opportunities exist given the property's zoning and land dimensions. This makes it ideal for investors seeking stable, growing income today while maintaining optionality for tomorrow's market opportunities. In Austin's dynamic market, few properties offer both defensive income characteristics and offensive growth potential at this price point.