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Mixed-Use Office/Retail Center
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12885 Research Blvd, Austin, TX 78729

Thrive Centre blends office, retail, and medical uses with storefront presence and ample parking.

Property Size3,393 SF
Days on Market254

Property Features for 12885 Research Blvd

General Information

Standard status Active
Size 3,393 SF
Property subtype OFFICE

Site & Location

Traffic Count 139,000 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: CBRE | Austin
Listed By: Kyle Lewis
Source: Moodyscre
Added: Nov 18, 2025 Changed: Jul 28 Last Checked: Jul 30 at 2:08PM

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 CBRE | Austin

Investment Insights

Based on property information with market context.

Thrive Centre is a mixed-use center combining office, retail, and medical uses. The property is designed with prominent storefronts and monument signage, supported by on-site parking for employees and guests.

Located at 12885 Research Blvd in Austin, Thrive Centre sits in the Northwest sector and is described as a link between two North Austin retail hubs. It also offers accessibility from Highway 183, with the remarks noting 139,000+ daily drivers along the corridor.

With its storefront-forward approach and community-focused functionality, Thrive Centre is positioned to serve the surrounding McNeil neighborhoods while maintaining visibility from a major regional roadway.

Key Highlights

  • Thrive Centre blends office, retail, and medical uses.
  • Prominent storefront presence with monument signage.
  • Ample on‑site parking for employees and guests.

Property Analytics

Current Use

Mlaw Forensics Law Firm Living Healthy Chiropractic ... Alternative Medicine Practice ALGEBRAIT Vocational School Lucky Spa Alternative Medicine Practice Lifetime Quality Roofing ... Roofing Company

Suggested Use

Top Pick Building Supply Law Firm Restaurant Big Box & Wholesale Store Dental Office Electrical 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

139,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,777
Businesses Nearby

Demographics for 78729, TX

31,829
Population
15,717
Households
2
Avg Household Size
35
Median Age
61%
College-Educated
97%
High-School Grad
9.8 sq mi
ZIP Area
3,248
Density / Sq Mi
$81,589
Median Household Income
$54,271
Median Earnings
$1,613
Median Rent
$434,500
Median Home Value

Market

Vacancy Rate% for Office in Austin, TX

9.1% 2019
17.1% 2020
18.7% 2021
21.8% 2022
27.1% 2023
29.8% 2024
29% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Thrive Centre blends office, retail, and medical uses with storefront presence and ample parking.
Where is this mixed-use property located?
The property is located at 12885 Research Blvd Austin, TX.
What are key features of this property?
This property features: Thrive Centre blends office, retail, and medical uses.; Prominent storefront presence with monument signage.; Ample on‑site parking for employees and guests.
(512) 482-5571 Call to check price and availability
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