8702 Cullen Lane, Austin, TX

5,224 ft²

Industrial

$1,000,000

Sale

8702 Cullen Ln FOR SALE. This is a 4,000 SF warehouse building with a restroom, a shower, and 3 overhead doors. 2 at grade-level and 1 door is van-high. There is also a 1,224 SF office building with 3 offices, open space, kitchen, restroom, and laundry room. Additionally, and not included in the square footage price, is an 1,100 SF storage building. The property is fenced and gated. Located in South Austin, near the intersection of Cullen Lane and Slaughter Lane, near the new H-E-B and Gold's Gym, in the Southpark Meadows area. Current tenant is Austin Automotive Center - leased below market value with a 7/31/23 expiration. Listing is ideal for a development play involving surrounding lots. See DEDICATED Webpage for more info and pictures. Current tenant is Austin Automotive Center - Gross leased below market value with a 7/31/23 expiration. Listing is ideal for a development play involving surrounding lots. The tenant will consider a buyout, no amount has been determined. https://www.beckreitcre.com/8702

• 4,000 SF Warehouse/Shop Space w/ restroom
• 1,224 SF Office Building - 3 offices, 1 restroom, kitchen, open space, laundry room
• 1,100 SF Storage Building
• 0.69 Acre lot
• Gross Lease - Gross Annual Income $54,000 with annual bumps
• Fenced and gated
• Close proximity to Slaughter Lane and IH-35
• 100% Leased - Gross, below market
• Expiration 7/31/23