NNN flex/industrial building producing income at an attractive cap rate with a straightforward path to push returns higher through lease-up of one remaining vacant suite. Two tenants in place, triple-net structure, minimal landlord responsibility. Expense reimbursements already supporting cash flow with room to tighten recoveries as leases roll to market.
For an owner-user, this is the chance to stop leasing and take control of your operations in one of North Austin's most functional industrial corridors with tenant income offsetting your carry from day one. Occupy what you need, collect rent on the rest, and step into a building where the heavy lifting is already done. The layout is reconfigurable, the warehouse is fully conditioned, and the ceiling heights and loading infrastructure support a wide range of industrial service and commercial operations.
Dessau Business Park sits squarely in the North Austin/Pflugerville growth path. Howard Lane connectivity provides efficient access to both IH-35 and SH-130, keeping the site reachable from across the region. Good flex/industrial product in this corridor doesn't last and this one comes with recent capital improvements fully documented. Foundation, HVAC, and plumbing work are completed with engineering reports, warranties, etc.
Whether you're placing capital or placing equipment, this property delivers flexibility that most assets in this size range simply don't offer.