13341 W Hwy 290 #5 and 6-200, Austin, TX 78737
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8,952 SqFt

13341 W Hwy 290 #5 and 6-200 Austin, TX 78737

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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 8,952 sqft

Subdivision Sawyer Ranch Crossing Condo Lt 2A

MLS Listing ID 2181995

Year Built 2024

Annual Tax Amount $20,412

Tax Year 2025

Lot Size 6.699 Acres

Property Sub-Type Office

Property Description

Sands Investment Group is pleased to exclusively offer for sale the 8,952 SF Action Behavior Center NN Asset located at 13341 Hwy 290 in Austin, TX. The property is leased to Action Behavioral Centers under a 7-year corporate lease, with 5+ years remaining and two 5-year renewal options. The lease features 3% annual rent escalations, providing a built-in hedge against inflation and a secure, long-term investment opportunity.

Corporate Lease: Corporate lease to Action Behavioral Centers with 5+ years remaining on the term and 2, 5-year options to renew.
Rent Increases: Hedge against inflation with 3% annual rent escalations throughout the term.
Double Net (NN) Lease Structure: The tenant is responsible for all taxes, insurance, and common area maintenance, including condo owner fees. The only landlord responsibilities are the roof and structure.
Exceptionally High Growth Area in Austin MSA: 6.9% annual population growth (2020-2024) with a forecast of 6.4% (2024-2029).
Affluent Market: The average household income is $192,601 within 3 miles of the site, over 230% of the national average.
Prime Traffic Exposure: Strong traffic count of over 32,000 VPD on TX 360.
No Deferred Maintenance: Newly built with top-quality construction in 2024.
Strong Growing Corporate Tenant: Action Behavior Centers is a leading provider of ABA therapy for autism, with 398 locations in 16 states. ABC was valued at $840M and had adjusted earnings of $60M in 2022 with only 65 locations at the time.

Location

State TX

County Hays

Area Hd

Zoning No zoning ETJ

Interior

Heating See Remarks

Cooling See Remarks

Flooring See Remarks

Exterior

Utilities Available See Remarks

View Hill Country

Building

Story 1

Foundation Slab

Sewer Shared Septic

Water Public

Structure Type Frame,Stone,Stucco

New Construction Yes

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Burt Dement Real Estate LLC • Burt Dement
Bought with Non Member

NEARBY SCHOOLS & BUSINESSES

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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker License ID: 565194

+1(713) 591-9902

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