Listing Agency: The Weitzman Group | Austin c***@weitzmangroup.com Show Phone

Listed By: Chris Plumpe · License #TX#680404 Show Phone

Source: Weitzmangroup

Added: Apr 8 Changed: Aug 23 Last Checked: Aug 30 at 12:50PM

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Investment Insights

Based on property information with market context.

This retail space offers 1,040 square feet and is a second-generation property. The location provides visibility from 183 and pylon signage is available. It is situated near the Gateway Shopping Center, The Arboretum, and The Domain.

Key Highlights

• High visibility from Highway 183
• Located near Gateway Shopping Center, The Arboretum, and The Domain
• Second Generation Retail Space

Property Analytics

Property Profile

Current Use

Marco's Pizza Restaurant Goldblatt David MD Physician Apartments Here! Free ... Real Estate Agency Tiff's Treats Cookie ... (Bike/Boat/Book/etc) Store ATX Apartment Locator Real Estate Agency

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Electrical Service Storage Facility HVAC 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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,763

Businesses Nearby

378k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 41% Groceries 24% Shops & Services 23% Apparel 8%

H-E-B Groceries

87,927 visits/mo 0.5 miles

Chick-fil-A Dining

62,530 visits/mo 0.3 miles

McDonald's Dining

35,069 visits/mo 0.4 miles

Ross Dress for Less Apparel

29,848 visits/mo 0.4 miles

Exxon Shops & Services

19,825 visits/mo 0.4 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

Lease Benchmarks for Austin, TX

$21.82 /SF/Yr

Avg Asking Price

$7.62–$70.24 /SF/Yr

Price Range

7,722 SF

Avg Space Size

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Second generation retail space with visibility from 183.

Where is this retail space located?

The property is located at 11011 RESEARCH BLVD. Austin, TX.

What are key features of this property?

This property features: High visibility from Highway 183; Located near Gateway Shopping Center, The Arboretum, and The Domain; Second Generation Retail Space