1815 S Highway 183 1815 S Highway 183 14,850 SF 100% Leased Office Building Leander, TX 78641 $5,813,346 CAD ($391.47 CAD/SF) 8.16% Cap Rate
EXECUTIVE SUMMARY
KEY FEATURES:
-Modern Construction: Built with Ladderblock™ technology for architectural flexibility and sustainability
-Green Building: Solar reflective roof, rainwater collection system, and energy-efficient design
-Tenant Stability: Occupied by a national engineering firm with a new 5-year lease
-Investor Benefits: ±8% Cap Rate with reliable long-term occupancy
ACCESSIBILITY:
-Located at the hard corner of Hwy 183 & Bates Drive, with proximity to major thoroughfares:
±0.17m to Crystal Falls Pkwy
-±1.3m to Hwy 183A Tollroad
±2.2m to Leander’s Transit-Oriented Development & Austin’s North Metro Rail
±2.5m to 1431/Whitestone
±3m to Northline
-Ample Parking: 58 spaces (4 per 1,000 SF)
-Flexible Use: Adaptable for multiple tenants or businesses
RECENT UPGRADES:
-Two ground-level HVAC units recently replaced
-Asphalt parking resurfaced in 2022
IDEAL FOR:
-Investors seeking stable, long-term returns
-Businesses looking for a high-visibility location
-Developers interested in a flexible-use commercial property
PRICE: Contact agent for details
-Modern Construction: Built with Ladderblock™ technology for architectural flexibility and sustainability
-Green Building: Solar reflective roof, rainwater collection system, and energy-efficient design
-Tenant Stability: Occupied by a national engineering firm with a new 5-year lease
-Investor Benefits: ±8% Cap Rate with reliable long-term occupancy
ACCESSIBILITY:
-Located at the hard corner of Hwy 183 & Bates Drive, with proximity to major thoroughfares:
±0.17m to Crystal Falls Pkwy
-±1.3m to Hwy 183A Tollroad
±2.2m to Leander’s Transit-Oriented Development & Austin’s North Metro Rail
±2.5m to 1431/Whitestone
±3m to Northline
-Ample Parking: 58 spaces (4 per 1,000 SF)
-Flexible Use: Adaptable for multiple tenants or businesses
RECENT UPGRADES:
-Two ground-level HVAC units recently replaced
-Asphalt parking resurfaced in 2022
IDEAL FOR:
-Investors seeking stable, long-term returns
-Businesses looking for a high-visibility location
-Developers interested in a flexible-use commercial property
PRICE: Contact agent for details
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Building Size
14,850 SF
Building Class
B
Year Built
2006
Price
$5,813,346 CAD
Price Per SF
$391.47 CAD
Cap Rate
8.16%
NOI
$474,341 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,425 SF
Slab To Slab
12’
Building FAR
0.26
Lot Size
1.30 AC
Zoning
GC-3-C - General Commercial
Parking
59 Spaces (3.97 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Security System
- Air Conditioning
1 of 1
PROPERTY TAXES
| Parcel Number | R468421 | Improvements Assessment | $834,145 CAD |
| Land Assessment | $3,166,075 CAD | Total Assessment | $4,000,221 CAD |
