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Indian Motorcycle Building 2401 S Interstate 35

12,313 SF Retail Building Austin, TX 78741 $6,509,250 CAD ($529 CAD/SF) 7% Cap Rate

INVESTMENT HIGHLIGHTS

  • Prime Investment Opportunity: Fully-leased property delivering a steady 7% CAP rate with cash flow secured through March 2026.
  • Significant Remodel: $400,000 remodel by renowned Dick Clark Architecture firm elevating the property’s design and appeal.
  • Opportunity Zone Benefits: Tax advantages and investment incentives for qualifying businesses and investors.
  • Flexible Use Potential: Ideal for retail, office space, showroom, or creative studio space. 216' FRONTAGE on I-35!
  • Strategic Location: 9 min. (7.2 mi) to Austin-Bergstrom Int'l Airport (ABIA). 14 min (10.3 mi) to Tesla. 10 min.(4 mi) to Downtown Austin via I-35
  • Generous Parking: 52 parking spaces with a 4.22/1,000 SF ratio, accommodating high-traffic retail or office tenants.

EXECUTIVE SUMMARY

? Single-Tenant Net Lease (NNN) $315,000 NOI guaranteed through 3/31/2026 (no renewal in place) Tenant would extend (buyer to negotiate terms - NDA & financials requeired)
? 7% CAP Rate – Strong returns in a booming market
? Strategic Location – Minutes to ABIA Airport, Oracle, Samsung, Tesla
? High-Traffic Frontage – Prime exposure on I-35, one of Austin’s busiest corridors
? Turnkey Condition – Modernized and move-in ready for high-end tenants
DICK CLARK ARCHITECTURE REMODELED 2022: https://dcarch.com/work/
GR-NP Zoning:
?? Tech Headquarters – Ideal for a growing AI, software, or robotics firm
?? Showroom / Retail – High visibility for luxury brands, automotive, or flagship retail
??? Restaurant / Brewery – Prime location for an upscale restaurant, distillery, or coffee shop
?? Medical Office / Wellness Center – Space for urgent care, specialty clinics, or wellness spa
?? Creative Office / Co-Working Space – Perfect for tech startups, digital agencies, or production studios
??? Fitness / Yoga Studio – Great for boutique fitness, personal training, or wellness centers
REDEVELOPMENT OPPORTUNITY WITH STRATEGIC LOCATION - TRAVIS HEIGHTS & RIVERSIDE ON I-35 MINUTES FROM ABIA
Visible and Accessible: Prominent signage visible from I-35 ensures excellent exposure and branding opportunities.
Spacious and Versatile Layout: 12,313 SF of leasable area, accommodating a variety of tenant needs.
Solid Financials: Net Operating Income (NOI): $315,000/year. Guaranteed by owner through 3/31/2026. No renewal option in place.
Investment Highlights: Offered at $4.5M ($365.47/SF), this is a rare chance to own a remodeled, fully-leased, and income-producing property in one of Austin's hottest growth corridors.
High-Traffic Corridor: Situated on a 1.39-acre lot in a bustling area with high demand for retail and commercial space
Perfect for owner-users or investors looking for a stable, cash-flowing asset with future redevelopment potential in a thriving market!

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes - -
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,313 SF
Building Class
B
Year Built
1970
Price
$6,509,250 CAD
Price Per SF
$529 CAD
Cap Rate
7%
NOI
$455,647 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.20
Lot Size
1.39 AC
Opportunity Zone
Yes
Zoning
GR-NP - GR-NP | OPPORTUNITY ZONE
Parking
52 Spaces (4.22 Spaces per 1,000 SF Leased)
Frontage
216 ft on I-35

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Freeway Visibility
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Car Charging Station
  • Air Conditioning
  • Balcony
  • Fiber Optic Internet
  • Smoke Detector

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Upon NDA
  • -
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Upon NDA - 99,999 SF - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Starbucks
Denny's
CrossFit
Bank of America
La Michoacana Meat Market
PNC Bank
H-E-B
Chase Bank
MOD Pizza
Rent-A-Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
287459
Land Assessment
$1,718,473 CAD (2023)
Improvements Assessment
$781,234 CAD (2023)
Total Assessment
$2,499,708 CAD (2023)
  • Listing ID: 34645581

  • Date on Market: 2024-03-05

  • Last Updated:

  • Address: 2401 S Interstate 35, Austin, TX 78741

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