Properties / Austin
9063 Research Blvd
This property is being displayed for real-estate discovery and analysis. It is not currently an investment offering through Realtix.
Overview
- Square feet
- 16,400
- Year built
- 1972
- Lot
- 26,136 sq ft
Seven-tenant, 16,400 SF storefront retail/office strip on Research Blvd just south of The Domain, renovated in 2025, with five of seven tenants on NNN leases.
Financials
From the listing
| Asking price | $3,500,000 | Confirmed · Listing agent |
| Price per sq ft | $213 | Calculated |
| Reported rent | Not disclosed by the listing | |
| Cap rate | 7.12% | Confirmed · Listing agent |
Realtix income view
Commercial and net-lease listings disclose income as NOI or a cap rate rather than rents. Tenants usually pay taxes, insurance and upkeep, so this starts from the income the listing states and adds Realtix financing assumptions.
| Net operating income | $249,200 | per year · from the listing |
| Cap rate | 7.12% | NOI divided by asking price |
| Debt service | -$222,414 | assumption |
| Cash flow after debt | $26,786 | per year |
| Cash-on-cash return | 2.7% | on $980,000 down payment and closing costs |
| Debt coverage (DSCR) | 1.12x | lenders usually want 1.20x or more |
- NOI implied by the 7.12% cap rate stated on the listing
- Lease terms, tenant credit and who pays which expenses must be confirmed from the leases
- Financing: 25% down, 30-year fixed at 7.6%, closing costs 3% of price
Realtix plan
Desk analysis complete, based on the listing and market data. Figures not confirmed by documents are marked as estimates. This is Realtix's own view, not investment advice.
Strategy: Multi-tenant strip, NNN income
Strengths
- Five of seven tenants on full NNN leases
- Infill North Burnet location just south of The Domain
- Heavy traffic on Research, Burnet, 183 and MoPac nearby
Risks
- 1972 building, older systems despite 2025 renovation
- Small-shop tenant credit and rollover risk
- Only 0.6 AC per listing, parking ratio may be tight
Catalysts
- North Burnet/Domain densification
- Listing cites assemblage potential for vertical redevelopment
Due diligence still needed
- Rent roll, lease expirations and tenant financials
- Confirm zoning and North Burnet Gateway entitlements
- Verify the 7.12% cap rate against actual T-12
- Scope of the 2025 renovation and roof/HVAC age
Realtix screening score
How this score works
The score is calculated, not hand-picked. For income properties it weighs cash flow (55%, the stated cap rate scaled from 2% to 8%), building age (25%, 1955 to 2015) and data confidence (20%). Price per square foot is left out because it is not comparable across commercial uses. It ignores tenant credit and lease terms, which need diligence.
Realtix preliminary screening score. Not investment advice, and it does not predict returns.
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Sources
- Listing source
- CityFeet
- Listing brokerage
- Secure Net Lease · Sam House
- Last verified
- 2026-10-08
Cap rate: Listing agent, as of 2026-10-08
Updates
- 2026-10-08 Listing checked against the source.