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

A mixed office, retail, and medical center with prominent storefronts, monument signage, ample parking, and highway visibility.

Property Size2,223 SF
Days on Market63

Property Features for 12885 Research Blvd

General Information

Standard status Active
Size 2,223 SF
Property subtype OFFICE

Site & Location

Highway Access Yes
Road Access Yes

Amenities

prominent storefronts
monument signage
Listing Agency: CBRE | Austin
Listed By: Kyle Lewis
Source: Moodyscre
Added: May 29 Changed: Jul 29 Last Checked: Jul 30 at 1:35PM

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 vibrant blend of office, retail, and medical uses, designed to serve a combined day-to-day work and visit environment. The center emphasizes prominent storefront presentation and monument signage, with community-focused functionality and ample parking to support both employees and guests. The available space totals 2,223 square feet.

Located at 12885 Research Blvd in Austin, Thrive Centre positions tenants to serve the McNeil neighborhoods and benefit from strong regional visibility. The property is described as providing accessibility from Highway 183, with 139,000+ daily drivers along the corridor, and as a link between two of North Austin’s notable retail hubs.

Key Highlights

  • Mixed office, retail, and medical center described as a vibrant blend of uses
  • Prominent storefronts and monument signage
  • Ample 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

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

Lease Benchmarks for Austin, TX

$26.46 /SF/Yr
Avg Asking Price
$0.61–$104 /SF/Yr
Price Range
14,750 SF
Avg Space Size

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?
Office units - A mixed office, retail, and medical center with prominent storefronts, monument signage, ample parking, and highway visibility.
Where is this office units located?
The property is located at 12885 Research Blvd Austin, TX.
What are key features of this property?
This property features: Mixed office, retail, and medical center described as a vibrant blend of uses; Prominent storefronts and monument signage; Ample parking for employees and guests
(512) 482-5571 Call to check price and availability
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