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13341 W Highway 290
Austin, TX 78737 Hill Country

$5,319,553 USD

Medical For Sale  •  8,952 SF

Property Details

• Property Type Medical
• Total Building Size 8,952 SF
• Lot Size 6.81 AC
• Building Class B
• Year Built 2023
• Cap Rate 6.50 %
• Tenancy Single

0 Transit Score

10 Walk Score

Highlights

Corporate Lease: Corporate lease to Action Behavioral Centers with 6 years remaining on the term and 2, 5-year options to renew.

Rent Increases: Hedge against inflation with 3% annual rent escalations throughout the term.

Double Net (NN) Lease Structure: The tenant is responsible for all taxes, insurance, and common area maintenance, including condo owner fees.

Exceptionally High Growth Area in Austin MSA: 6.9% annual population growth (2020-2024) with a forecast of 6.4% (2024-2029).

Affluent Market: The average household income is $192,601 within 3 miles of the site, over 230% of the national average.

Cap Rate:

6.50 %

Public Transportation

Airport	Drive	Walk	Distance
Austin-Bergstrom International	39 min	-	23.7 mi