Investment Overview

Marcus & Millichap is please to offer for sale a single-story medical office in Lakeway, Texas, an Austin Metro city. The property was built in 1998, renovated in 2022 with rentable space of approximately 3,000 square feet in a 5,000 square feet building with an optometrist as a co-tenant. Tenants share a common area consisting two bathrooms, break room and shower. The subject property has its own bathroom in the unit. The property’s exposure is unmatched with less than 100 feet from the RR 620, soon to be widened from 4 lane to 6 lane road. A new 270 multifamily comminity is under construction that will connect the Main street to Lohmans Crossing road which will change Lakeway traffic patterns in a huge way to benefit the subject property. HEB Supermarket is located next door and with numerous restaurants and venues within easy walking distance, this medical office is sure to garner attention in the neighborhood. Nestled in the western corner of Travis County, Lakeway is ideally situated on the south shore of Lake Travis in the scenic Texas Hill Country. Located about 25 miles west of downtown Austin, Lakeway is a resort community complete with golf courses, tennis courts, marinas, a private airport, a full-service hotel and spa, a 65-mile long lake, 100 acres of parkland and trails, and nearly 500 acres of greenbelts. It is considered one of the finest small cities in the Austin metro area with one of the best school systems in the state.