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Open-Air Shopping Center Leasehold
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10515 N Mopac Expy, Austin, TX 78758

Constructed in 2006, this open-air center is 98.7% leased with a long-tenured anchor lineup and active leasing momentum.

Property Size309,010 SF
Days on Market124

Property Features for 10515 N Mopac Expy

General Information

Standard status Active
Size 309,010 SF
Property subtype Retail
Occupancy 99%

Additional Details

Highway Access Yes

Building Details

Year Built 2006
Listing Agency: JLL - Dallas | Cedar Springs, Texas
Listed By: Barry Brown · License #TX
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 1:36PM

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 JLL - Dallas | Cedar Springs, Texas

Investment Insights

Based on property information with market context.

JLL presents the opportunity to purchase the leasehold interest in The Shops at Arbor Walk, a 2006-built, open-air shopping center. The property totals 98.7% leased as of December 2022 and has maintained strong occupancy and tenant retention since its original construction. Tenant stability is reflected by five of the six anchor tenants remaining original and exercising renewal options since the beginning of 2020, and seven new leases totaling 23,423 square feet commencing over the past 24 months. Current ownership is actively discussing the remaining vacancy.

The center is located less than one mile from the intersection of North MoPac Expressway and Route 183, supporting accessibility for an expansive trade area. Within a 10-mile radius, the property’s area includes 948,000 people with average household income of $110,000.

Key Highlights

  • 309,010 SF open‑air shopping center in the Austin MSA, constructed in 2006
  • 98.7% leased as of December 2022 with strong tenant retention since opening
  • Less than 1 mile from the intersection of North MoPac Expressway and Route 183

Property Analytics

Current Use

Teaspoon Austin Cafe & Coffee Shop Scrubs & Beyond Medical Supply Store Compact Power Equipment ... (Bike/Boat/Book/etc) Store Potbelly Take-out & Catering TONY ZHOU Physician

Suggested Use

Top Pick Garden Center Veterinary Clinic Daycare Center Florist Tanning Salon Plumbing Service

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

98.7%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,672
Businesses Nearby
164k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 23% Apparel 21% Dining 20% Home Improvements & Furnishings 16%
Jo-Ann Fabric and Craft Shops & Services
27,247 visits/mo 0.3 miles
REI Apparel
26,206 visits/mo 0.5 miles
World Market Home Improvements & Furnishings
20,202 visits/mo 0.3 miles
Spec's Groceries
17,922 visits/mo 0.2 miles
Lupe Tortilla Dining
16,756 visits/mo 0.1 miles

Demographics for 78758, TX

49,831
Population
25,745
Households
1.9
Avg Household Size
32
Median Age
46%
College-Educated
85%
High-School Grad
9.1 sq mi
ZIP Area
5,476
Density / Sq Mi
$69,019
Median Household Income
$47,685
Median Earnings
$1,549
Median Rent
$419,300
Median Home Value

Market

Vacancy Rate% for Retail in Austin, TX

5.3% 2019
6.4% 2020
5.2% 2021
4% 2022
4.1% 2023
3.9% 2024
4.1% 2025
Rey
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Similar Off Market Nearby

  • Arboretum Crossing 9333 Research Blvd, Austin, TX 78759
  • Simon Property Group 9607 Research Blvd UNIT 625, Austin, TX 78759
  • Gateway Shopping Centers 9607 Research Blvd, Austin, TX 78759
  • T-tex Shredding 9705 Burnet Rd, Austin, TX 78758
  • Bentley Capital Advisors 9600 N Mopac Expy, Austin, TX 78759

Frequently Asked Questions

What type of property is this?
Shopping center - Constructed in 2006, this open-air center is 98.7% leased with a long-tenured anchor lineup and active leasing momentum.
Where is this shopping center located?
The property is located at 10515 N Mopac Expy Austin, TX.
What are key features of this property?
This property features: 309,010 SF open‑air shopping center in the Austin MSA, constructed in 2006; 98.7% leased as of December 2022 with strong tenant retention since opening; Less than 1 mile from the intersection of North MoPac Expressway and Route 183
More about this property
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