706 Leander Dr,Leander, TX 78641
Leander, TX 78641
Description
$10,000,000 Investment Opportunity | 706 Leander DriveLeander 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.
Details
| MLS # | 1939960 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Building Name | Leander Heights Business Park |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 2018 |
| Days On Site | 260 |
| Listing Provided By | CENTURY 21 Integra | Julie Mattoon |
Features
| SQ Feet | 42,000 |
|---|---|
| Building(s) | 8 |
| Zoning | Business Park office and |
| Acreage | 3.21 |
Interior
| Cooling | See Remarks |
|---|---|
| Heating | See Remarks |
| Flooring | See Remarks |
Exterior
| Foundation Details | Slab |
|---|---|
| Topography | Flat |
| Construction Materials | See Remarks |
Parking
| Parking Features | Concrete |
|---|
Utilities
| Utilities | None |
|---|---|
| Sewer | Public Sewer |
Other
| List Aor | Austin Board Of Realtors |
|---|
Taxes
| Property | 138504 |
|---|
Area Information
| State | TX |
|---|---|
| County | Williamson |
| City | Leander |
| Zip Code | 78641 |
| Area | CLN |
| Community Name | Leander Heights Sec 03 |
| Listing VS Median (in Leander Heights Sec 03) | |
Price: $8,500,000 low | high Med: $2,500 sqft: 42,000 low | high Med: 5,000 $ / sqft: $202 low | high Med: $1 On site: 260 low | high Med: 174 | |
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Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
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Learn More About This Property
| State | TX |
|---|---|
| County | Williamson |
| City | Leander |
| Zip Code | 78641 |
| Area | CLN |
| Community Name | Leander Heights Sec 03 |
| Listing VS Median (in Leander Heights Sec 03) | |
Price: $8,500,000 low | high Med: $2,500 sqft: 42,000 low | high Med: 5,000 $ / sqft: $202 low | high Med: $1 On site: 260 low | high Med: 174 | |