12705 Center Lake Dr, Austin, TX 78753
Planned new construction carries a 16-year net lease with scheduled rent increases and two renewal options.
Property Features for 12705 Center Lake Dr
General Information
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Building Details
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Investment Insights
Based on property information with market context.
The site is at Center Lake Drive and West Parmer Lane, an intersection with 52,743 ADT. It is adjacent to Parmer Austin Technology & Research Park and within a district described as including technology and advanced manufacturing employers, retail, and residential communities.
Key Highlights
- Approximately 10,000 SF building with an approximately 5,160 SF outdoor play area
- New‑construction The Learning Experience childcare center, with estimated opening in March 2027
- 16‑year net lease with 12% rent increases in Years 6 and 11
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Trade Area within ½ mile
Demographics for 78753, TX
Similar Off Market Nearby
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