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Two-Tenant NNN Storefront Portfolio
For Sale
Contact for pricing
Pending

1150 Airport Blvd, Austin, TX 78702

Two occupied pad-site buildings sit at a signalized intersection with established commercial and development activity nearby.

Property SizeContact for details
Days on Market143

Property Features for 1150 Airport Blvd

General Information

Standard status Pending
Property subtype Retail

Additional Details

Corner Location Yes

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Pure Partners Real Estate
Listed By: Graham Carter · License #TX 530774
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 10:53PM

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 Pure Partners Real Estate

Investment Insights

Based on property information with market context.

This two-building storefront portfolio consists of separate pad-site improvements occupied by Arby's and SmartFinancial. The properties operate under NNN leases, with SmartFinancial holding three years of remaining term plus three fixed renewal options that include annual increases. The SmartFinancial building has received an exterior repaint, and an interior renovation is planned for the spring. Arby's is in the permitting process for construction and is expected to begin rent payments this summer.

The buildings occupy the signalized corner of Airport Blvd. and Oak Springs in east Austin. The surrounding area includes substantial office and multifamily investment and development, including Springdale Green, Mueller, and the MLK St. transit-oriented development corridor. The SmartFinancial lease is reported at below-market rent and is subject to county restrictions affecting pawn-shop relocation.

Key Highlights

  • Two‑building portfolio with pad‑site storefront improvements
  • Occupied by Arby's and SmartFinancial
  • NNN lease structure with three years remaining for SmartFinancial

Property Analytics

Current Use

Arby's Restaurant

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Dental Office Pharmacy

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

687
Businesses Nearby
95k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 59% Shops & Services 33% Apparel 9%
McDonald's Dining
30,013 visits/mo 0.2 miles
Golden Chick Dining
12,593 visits/mo 0.2 miles
Bank of America Shops & Services
9,131 visits/mo 0.1 miles
Jack in the Box Dining
8,114 visits/mo 0.1 miles
Citi Trends Apparel
7,194 visits/mo 0.2 miles

Demographics for 78702, TX

25,910
Population
14,573
Households
1.8
Avg Household Size
34
Median Age
59%
College-Educated
91%
High-School Grad
5.0 sq mi
ZIP Area
5,182
Density / Sq Mi
$101,304
Median Household Income
$65,876
Median Earnings
$1,966
Median Rent
$644,200
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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Frequently Asked Questions

What type of property is this?
Storefront property - Two occupied pad-site buildings sit at a signalized intersection with established commercial and development activity nearby.
Where is this storefront property located?
The property is located at 1150 Airport Blvd Austin, TX.
What are key features of this property?
This property features: Two‑building portfolio with pad‑site storefront improvements; Occupied by Arby's and SmartFinancial; NNN lease structure with three years remaining for SmartFinancial
More about this property
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