42,000 SqFt
42,000 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 42,000 sqft
Price per Sqft $238
Subdivision Leander Heights Sec 03
MLS Listing ID 1939960
Year Built 2018
Annual Tax Amount $138,504
Tax Year 2025
Lot Size 3.214 Acres
Acres 3.214
Property Sub-Type Mixed Use
Source actris
Property Description
Leander Heights Business Park: 8-Building Flex-Industrial Campus
706 Leander Drive offers a high-yield portfolio opportunity to acquire a versatile, eight-building commercial campus in the heart of the Austin-metro's most explosive growth corridor. Spanning approximately 3.2 acres, this established business park is perfectly positioned for an investor seeking a unified campus or an owner-user requiring a multi-structure headquarters.
The Assets:
The campus consists of eight standalone structures, strategically designed to provide a mix of professional office-flex and industrial utility:
Professional Office-Flex (6 Buildings): Featuring modern glass storefronts and flexible interior configurations, these buildings are ideal for medical, corporate, and tech-service providers requiring a high-profile presence.
Industrial Warehouse (2 Buildings): Two dedicated structures provide high-clearance, functional space with roll-up door access, optimized for trades, distribution, and light fabrication.
Strategic Upside & Future Flexibility:
The property's unique eight-building layout offers significant long-term flexibility. While currently operated as a single unified campus, the site's physical configuration provides a compelling foundation for a future investor to explore a condominium regime or formal subdivision (subject to city and county approvals). This "exit strategy" potential offers a distinct value-add path for those looking to eventually divest individual buildings.
Prime Location:
Located one mile north of Crystal Falls Parkway between Highway 183 and Toll Road 183-A, the property sits at the epicenter of Leander's commercial expansion, providing premier logistical access to the Greater Austin area.
Financing:
A prime candidate for SBA 504 financing, allowing qualified owner-users to secure a multi-building corporate campus with as little as 10% down.
Location
State TX
County Williamson
Area Cln
Zoning Business Park office and
Interior
Heating See Remarks
Cooling See Remarks
Flooring See Remarks
Fireplace N
Exterior
Utilities Available None
Accessibility See Remarks
Total Parking Spaces 168
Private Pool No
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type See Remarks
New Construction No
Others
Restrictions City Restrictions,Zoning
Acceptable Financing See Remarks, Cash, Committed Money, Contract, Conventional, SBA
Tax Rate 2.02
Listing Terms See Remarks, Cash, Committed Money, Contract, Conventional, SBA
Special Listing Condition Standard
Nearby Locations
Top 1% Real Estate Team in Texas
Over $2 Billion in Total Sales