4105 Medical Parkway is a well-positioned, two-story professional office building located in the heart of Austin's Central Medical District. This building is ideal for small businesses, including lawyers, accountants, therapists, or any professional seeking a prime location with high accessibility. The property includes a recently executed long-term medical lease on the first floor and flexible leases on the second floor, offering an excellent opportunity for both investors and owner-users. Tenants are currently on gross rates under market, providing the potential for conversion to NNN leases and an appreciation of rent to market rates.
Information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
1-Mile | 3-Miles | 5-Miles | ||
---|---|---|---|---|
Total Population | 17,159 | 148,707 | 344,669 | |
Population Median Age | 36 | 35 | 36 | |
Population by Age | 0-9 Yrs | 808 (4%) | 9098 (6%) | 31522 (9%) |
10-19 Yrs | 1835 (10%) | 21066 (14%) | 41118 (11%) | |
20-29 Yrs | 5755 (33%) | 40681 (27%) | 74851 (21%) | |
30-39 Yrs | 3062 (17%) | 27255 (18%) | 68456 (19%) | |
40-49 Yrs | 1561 (9%) | 17507 (11%) | 44665 (12%) | |
50-59 Yrs | 1444 (8%) | 13373 (8%) | 33737 (9%) | |
60-69 Yrs | 1145 (6%) | 11046 (7%) | 27417 (7%) | |
70+ Yrs | 1549 (9%) | 8681 (5%) | 22903 (6%) | |
Median HH Income | $78,483 | $85,388 | $83,243 | |
Total Household Income | < 24K | 1370 (15%) | 12075 (18%) | 27277 (17%) |
25-49K | 1658 (18%) | 9221 (13%) | 24273 (15%) | |
50-74K | 1225 (14%) | 9219 (13%) | 21518 (13%) | |
75-99K | 832 (9%) | 7228 (10%) | 16807 (10%) | |
100-199K | 2076 (23%) | 16592 (24%) | 38357 (24%) | |
200K+ | 1577 (18%) | 12703 (18%) | 28990 (18%) | |
Highest Education Level | No Diploma | 263 | 3834 | 20516 |
Diploma or GED | 685 | 8127 | 27537 | |
Some College | 1351 | 12207 | 31142 | |
Assoc. Degree | 360 | 3268 | 9519 | |
Bachelors Degree | 4711 | 39467 | 87459 | |
Higher Degree | 4414 | 29385 | 61695 | |
Total Housing Units | 9,851 | 72,829 | 169,730 | |
--Owner-Occupied | 2,961 | 26,271 | 63,236 | |
--Renter-Occupied | 5,778 | 40,768 | 93,987 | |
Owner-Occupied Values | < 100K | 3 | 384 | 1303 |
100-199K | 37 | 717 | 2392 | |
200-299K | 116 | 1506 | 5118 | |
300-399K | 195 | 1774 | 6323 | |
400-499K | 104 | 2760 | 7947 | |
500K+ | 2506 | 19129 | 40154 | |
Total Working Age Population | 15,733 | 133,755 | 294,595 | |
In Work Force | 11,536 | 94,598 | 212,715 | |
Not In Work Force | 4,197 | 39,157 | 81,880 | |
Workforce Employed | 11,087 | 89,727 | 203,069 | |
Workforce Unemployed | 428 | 4,803 | 9,451 | |
Civlian Workforce | 11,515 | 94,530 | 212,520 | |
Military Workforce | 21 | 68 | 195 | |
Total Households | 8,739 | 67,039 | 157,224 | |
Family Households | 2,568 | 25,133 | 67,541 | |
Non-Family Households | 6,171 | 41,906 | 89,683 | |
Married Couple | 2,205 | 20,462 | 50,027 | |
Other Family | 363 | 4,671 | 17,513 | |
Married w/Child | 764 | 7,612 | 20,002 | |
Single Male w/Child | 24 | 549 | 2,212 | |
Single Female w/Child | 89 | 1,631 | 7,057 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Texas | 20,851,820 | +21 | 25,145,561 | +16 | 29,145,505 | +13 | 32,912,882 |
Travis County | 812,280 | +26 | 1,024,266 | +26 | 1,290,188 | +22 | 1,572,639 |
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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.