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North Brooke Plaza

Off-Market

12636 Research Blvd, Austin, TX 78759

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  • Property Type Retail - Neighborhood Center
  • Property Size 49,794 Sqft
  • Lot Size 3.58 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1984

Location

  • City Austin, TX
  • Neighborhood Great Hills
  • Zip Code 78759
  • Market Austin

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 08 Aug, 2002
  • Purchase Price $4,687,500
  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Austin

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Austin Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $42.69
  • 2020 Office Vacancy Rate 10.80%
  • 2020 Office Completions (Sqft) 2,832,282

Austin Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $281.07
  • Y-o-Y Avg. PpSF Change -39.46%
  • 2020 Office Sales Volume $215.3M
  • 2020 Number of Transactions 7
View more Austin market trends

Tax

  • Property Tax in 2021 $130,200
  • Market Value $5,551,763
  • Assessed Value $5,551,763

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of North Brooke Plaza?

North Brooke Plaza totals 49,794 square feet.

When was this property built?

North Brooke Plaza was built in 1984.

When was North Brooke Plaza last sold?

North Brooke Plaza was last sold on 08 Aug, 2002.

What was the last purchase price for North Brooke Plaza?

North Brooke Plaza was last sold for $4,687,500.

What is the property tax for North Brooke Plaza?

The property tax for North Brooke Plaza in 2021 was $130,200.

What is the market value for North Brooke Plaza?

The market value for North Brooke Plaza in 2021 was $5,551,763.

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