706 Leander Dr, Leander, TX 78641

$8,500,000

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List Price
$8,500,000
Status
ACTIVE UNDER CONTRACT
Days on Market
238
Price Change
▼ $1,500,000 1783547490
MLS#
1939960
Subtype
Commercial Sale
Year Built
2018
Lot Size
140,001
Acres
3.21
Subdivision
Leander Heights Sec 03
Neighborhood
Leander Heights Sec 03
Building Name
Leander Heights Business Park
MLS Area Major
Cedar Park/Leander, Northwest Travis Co.

Property Description

$10,000,000 Investment Opportunity | 706 Leander Drive 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.

Additional Information

Taxes
$138,504
Zoning
Business Park office and
Heating
See Remarks
Air Conditioning
See Remarks
Exterior Construction
See Remarks
Stories
1

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Listing courtesy of CENTURY 21 Integra. Contact: (800) 844-7653

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