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Four-Building Retail Center
For Lease
$35 SF/Yr

1012 Municipal Drive, Leander, TX 78641

Multi-building retail setting with drive-through availability and on-site parking.

Space SizeContact for details
Property Size31,542 SF
Days on Market185

Property Features for 1012 Municipal Drive

General Information

Standard status Active
Size 31,542 SF
Property subtype Retail
Lease Term $35.00 - 45.00 SF/yr (NNN)

Building Details

Building Size 31,542 SF
Year Built 2026
Listing Agency: St. Croix Capital Companies
Listed By: Jared Vincent
Source: Stcroixcra
Added: Feb 26 Changed: Aug 30 Last Checked: Aug 30 at 11:27AM

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.

The Shops at Bagdad Corner is a planned retail center comprising 4 separate retail buildings, with drive-through space available for lease. The property is identified as a neighborhood retail center and is scheduled for completion in 2026.

Located at 1012 Municipal Drive in Leander, Texas, the center includes ample parking and is positioned within the 78641 ZIP code. The multi-building layout provides a range of storefront configurations within one retail development.

Key Highlights

  • 4 retail buildings
  • Drive‑through available for lease
  • Ample parking

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.

Lease Details

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

207
Businesses Nearby
Under-served
Demand for This Use

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 - Multi-building retail setting with drive-through availability and on-site parking.
Where is this shopping center located?
The property is located at 1012 Municipal Drive Leander, TX.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 4 retail buildings; Drive‑through available for lease; Ample parking
More about this property
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