Retail
1.37 Acre Prime Redevelopment Opportunity
4201 S 1st St, Austin, TX 78745
Listing Price: $4,177,404
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a rare 1.37 acre redevelopment opportunity in Austin’s St David’s South Medical District. David’s South Austin Medical Center is a 368 bed acute care facility located on 6.3 acres in the South Menchaca neighborhood and is part of St. David’s HealthCare. The center is currently undergoing a $249 million renovation and expansion. Recent medical construction in the area also includes a urology medical office built in 2020.
1.37 Acre Prime Redevelopment Opportunity
Investment Highlights
- Rare 1.37 Acre Redevelopment Opportunity in Austin's St David's South Medical District
- In-Place Month-to-Month Lease Could Minimize Carry Costs for an Investor (See Agents for Details)
- Signalized Hard Corner Location on South First Street and Radam Lane (35,324 VPD) Near US 290 (149,817 VPD)
- More Than 364,290 Residents and an Average Household Income of $109,863 (Five-Mile Radius)
- Significant Workforce Hub: The Daytime Population Increases by 64 Percent Due to 599,258 Employees Within a Five-Mile Radius
Exclusively Listed By
Financing By
Listing Price: $4,177,404
Investment Highlights
- Rare 1.37 Acre Redevelopment Opportunity in Austin's St David's South Medical District
- In-Place Month-to-Month Lease Could Minimize Carry Costs for an Investor (See Agents for Details)
- Signalized Hard Corner Location on South First Street and Radam Lane (35,324 VPD) Near US 290 (149,817 VPD)
- More Than 364,290 Residents and an Average Household Income of $109,863 (Five-Mile Radius)
- Significant Workforce Hub: The Daytime Population Increases by 64 Percent Due to 599,258 Employees Within a Five-Mile Radius
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a rare 1.37 acre redevelopment opportunity in Austin’s St David’s South Medical District. David’s South Austin Medical Center is a 368 bed acute care facility located on 6.3 acres in the South Menchaca neighborhood and is part of St. David’s HealthCare. The center is currently undergoing a $249 million renovation and expansion. Recent medical construction in the area also includes a urology medical office built in 2020.
Exclusively Listed By
Financing By
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