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NNN Restaurant with Absolute Net Lease
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11600 Research Boulevard, Austin, TX 78759

Built in 1994 with upgrades through 2025, this restaurant is positioned on Research Boulevard with substantial parking and frontage.

Property Size6,176 SF
Lot Size2.12 Acres
Days on Market138

Property Features for 11600 Research Boulevard

General Information

Standard status Active
Size 6,176 SF
Total Parking Spaces 75
Lot size 2.12 Acres
Property subtype Retail
Investment Type Net Lease
Net Operating Income $207,408

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1994
Year Renovated 2016
Tenancy Single
Listing Agency: Horvath & Tremblay
Listed By: Justin Spillane · License #MA9562976
Source: Crexi
Added: Apr 23 Changed: Sep 4 Last Checked: Sep 1 at 9:28PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This absolute NNN restaurant property offers a repositioning opportunity with Outback’s lease obligations remaining in place for approximately 5.5 years. The lease is described as absolute NNN with zero landlord responsibilities, supporting cash flow during the lease-up period.

The building was constructed in 1994 and upgraded to the latest prototype in 2016. A most recent upgrade in 2025 included widening the curb cut for improved ingress/egress. The property includes a 6,176 SF restaurant building on a 2.12-acre parcel with 75 parking spaces and more than 263 feet of frontage on Research Boulevard.

Research Boulevard is identified as a major thoroughfare and retail corridor, providing immediate access to US Hwy 183 and Jolleyville, with daily vehicle volumes of approximately 141k VPD and 15k VPD noted in the remarks.

Key Highlights

  • 5.5‑year remaining absolute NNN lease with zero landlord responsibilities still in place.
  • Built in 1994; upgraded to the latest prototype in 2016, with a 2025 upgrade including widened curb cut for ingress/egress.
  • 6,176 SF building on a 2.12‑acre parcel with 75 parking spaces.

Property Analytics

Current Use

Outback Steakhouse Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Hair Salon Auto Repair Shop Storage Facility

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,143
Businesses Nearby
128k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 73% Shops & Services 23% Groceries 2% Hotels & Casinos 1%
Rudy's Country Store & Bar-B-Q Dining
27,070 visits/mo 0.2 miles
Chuy's Dining
25,324 visits/mo 0.1 miles
Pappadeaux Seafood Kitchen Dining
17,513 visits/mo 0.2 miles
7-Eleven Shops & Services
8,769 visits/mo 0.1 miles
Outback Steakhouse Dining
8,331 visits/mo 0.1 miles

Demographics for 78759, TX

42,333
Population
23,843
Households
1.8
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
14.3 sq mi
ZIP Area
2,960
Density / Sq Mi
$102,799
Median Household Income
$67,807
Median Earnings
$1,680
Median Rent
$634,400
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?
Conventional restaurant - Built in 1994 with upgrades through 2025, this restaurant is positioned on Research Boulevard with substantial parking and frontage.
Where is this conventional restaurant located?
The property is located at 11600 Research Boulevard Austin, TX.
What are key features of this property?
This property features: 5.5‑year remaining absolute NNN lease with zero landlord responsibilities still in place.; Built in 1994; upgraded to the latest prototype in 2016, with a 2025 upgrade including widened curb cut for ingress/egress.; 6,176 SF building on a 2.12‑acre parcel with 75 parking spaces.
More about this property
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