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New-Build Hard-Corner Shopping Center
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1012 Municipal Drive, Leander, TX 78641

Retail center at Bagdad Road and Municipal Drive, near major shopping destinations and Hwy 183.

Property Size31,542 SF
Days on Market5

Property Features for 1012 Municipal Drive

General Information

Standard status Active
Size 31,542 SF
Class A
Property subtype Retail

Additional Details

Corner Location Yes

Building Details

Year Built 2026
Listing Agency: St. Croix Capital Companies
Listed By: John W. Collins IV · License #TX
Source: Crexi
Added: Aug 7 Changed: Aug 11 Last Checked: Aug 11 at 4:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of St. Croix Capital Companies

Investment Insights

Based on property information with market context.

Scheduled for completion in 2026, this 31,542-square-foot shopping center occupies the corner of Bagdad Road and Municipal Drive in Leander. The property is positioned for retail use within an established commercial and residential setting, with access to nearby shopping destinations and regional transportation routes.

Hero Way is approximately half a mile north, while Hwy 183 is about one mile east. Nebraska Furniture Mart and the Scheels project are within 3 miles, and HEB Plus is less than one mile away. The property is located at 1012 Municipal Drive, Leander, TX 78641, approximately 20 miles north of Austin.

Key Highlights

  • 31,542‑square‑foot shopping center
  • Year built: 2026
  • Hard‑corner position at Bagdad Rd and Municipal Dr

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Auto Parts Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
10,465 visits/mo 0.5 miles
Texaco Shops & Services
4,954 visits/mo 0.5 miles

Demographics for 78641, TX

83,426
Population
33,118
Households
2.5
Avg Household Size
36
Median Age
51%
College-Educated
95%
High-School Grad
124.4 sq mi
ZIP Area
671
Density / Sq Mi
$131,421
Median Household Income
$61,185
Median Earnings
$1,873
Median Rent
$453,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center at Bagdad Road and Municipal Drive, near major shopping destinations and Hwy 183.
Where is this shopping center located?
The property is located at 1012 Municipal Drive Leander, TX.
What are key features of this property?
This property features: 31,542‑square‑foot shopping center; Year built: 2026; Hard‑corner position at Bagdad Rd and Municipal Dr
(512) 394-3548 Call to check price and availability
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