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East Austin Retail Opportunity
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1109 E 5th St, Austin, TX

Vibrant retail space in the heart of East Austin.

Space SizeContact for details
Property Size3,077 SF
Lot Size9.17 Acres
Days on Market902

Property Features for 1109 E 5th St

General Information

Standard status Active
Size 3,077 SF
Lot size 9.17 Acres
Property subtype RETAIL
Listing Agency: Endeavor Real Estate Group
Listed By: Evan Deitch
Source: Moodyscre
Added: Feb 15, 2024 Changed: Jul 10 Last Checked: Jul 21 at 4:48AM

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 Endeavor Real Estate Group

Investment Insights

Based on property information with market context.

Located in East Austin, Saltillo is transforming six blocks of 5th Street. This retail space is situated in a vibrant area where dining, shopping, music, and entertainment converge. The location benefits from a strong urban core and a diverse professional environment. It is also located minutes from the convention center. The area attracts a significant number of tourists, with 24 million visitors recorded in 2016. The surrounding area has a substantial employee base, with 241,486 employees within a 3-mile radius, and a residential population of 191,755 within the same radius. The average household income is $73,650. The development includes 800 multifamily units and 150,000 square feet of office space, accommodating over 700 employees. There is 115,000 square feet of retail space available. The property encompasses 3,077 square feet and is located on E 5th St.

Key Highlights

  • Prime East Austin location: Heart of Austin's vibrant scene.
  • Substantial scale: Encompasses 6 contiguous blocks.
  • High‑density environment: Features 800 multifamily units, 150,000 sf of office space, and 115,000 sf of retail.

Property Analytics

Current Use

Dolce Neve Gelato Grocery & Convenience Store JuiceLand Restaurant Chipotle Mexican Grill Restaurant LaserAway Skin Care Clinic Stout's Pizza Co. Restaurant

Suggested Use

Top Pick Electrical Service Pet Grooming Service Daycare Center Butcher (Bike/Boat/Book/etc) Store Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

5,000
Businesses Nearby
130k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 43% Shops & Services 41% Hotels & Casinos 15%
IHOP Dining
21,920 visits/mo 0.4 miles
Valero Energy Shops & Services
18,376 visits/mo 0.5 miles
Wendy's Dining
13,850 visits/mo 0.3 miles
Chevron Shops & Services
12,712 visits/mo 0.3 miles
Hilton Garden Inn Austin Downtown/Convention Center Hotels & Casinos
11,816 visits/mo 0.4 miles

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Vibrant retail space in the heart of East Austin.
Where is this shopping center located?
The property is located at 1109 E 5th St Austin, TX.
What are key features of this property?
This property features: Prime East Austin location: Heart of Austin's vibrant scene.; Substantial scale: Encompasses 6 contiguous blocks.; High‑density environment: Features 800 multifamily units, 150,000 sf of office space, and 115,000 sf of retail.
(512) 682-5544 Call to check price and availability
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