Listing Agency: Cushman & Wakefield | Austin Show Phone

Listed By: Holmes Onwukaife Show Phone

Source: Moodyscre

Added: Jun 27, 2024 Changed: Jul 26 Last Checked: Jul 30 at 10:01AM

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Investment Insights

Based on property information with market context.

This newly renovated, state-of-the-art fitness center includes modern locker rooms and is owner occupied and managed. The space also features a brand new auditorium with 200+ seats, along with an adjacent catering kitchen. In addition, there are five shared conference rooms and a spacious tenant lounge designed for use alongside the fitness and event spaces.

The property is positioned for convenient access in central Austin, located two blocks from the Capitol and the new Travis County Courthouse. Direct access to IH 35 and Mopac Expy supports easy ingress and egress, with parking available for $75/mo for unreserved and $135/mo for reserved spaces.

Key Highlights

• Newly renovated state‑of‑the‑art fitness center with modern locker rooms
• Brand new 200+ seat auditorium with adjacent catering kitchen
• Includes 5 shared conference rooms and a spacious tenant lounge

Property Analytics

Current Use

Texpac Association Or Organization Texas Orthopaedic Association Association / Organization Tonn & Associates Financial Advisor concho valley county ... Medical Clinic Texas Society Child Medical Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Adult Day Care Buffet Mobile Phone 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

Yes

Highway access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

8,774

Businesses Nearby

214k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 80% Shops & Services 10% Hotels & Casinos 9% Groceries 1%

Raising Cane's Chicken Fingers Dining

64,831 visits/mo 0.3 miles

Chick-fil-A Dining

62,006 visits/mo 0.4 miles

P. Terry's Burger Stand Dining

24,025 visits/mo 0.4 miles

7-Eleven Shops & Services

6,596 visits/mo 0.3 miles

DoubleTree Suites by Hilton - Austin Hotels & Casinos

6,316 visits/mo 0.1 miles

Demographics for 78701, TX

11,625

Population

8,021

Households

1.4

Avg Household Size

38

Median Age

81%

College-Educated

96%

High-School Grad

1.5 sq mi

ZIP Area

7,750

Density / Sq Mi

$154,867

Median Household Income

$106,932

Median Earnings

$2,732

Median Rent

$653,600

Median Home Value

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

Questions? Ask Rey

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What type of property is this? Where is this fitness centers & gyms located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Fitness center & gym - Newly renovated fitness center with modern locker rooms, plus a 200+ seat auditorium and adjacent catering kitchen.

Where is this fitness center & gym located?

The property is located at 401 W 15th St Austin, TX.

What are key features of this property?

This property features: Newly renovated state‑of‑the‑art fitness center with modern locker rooms; Brand new 200+ seat auditorium with adjacent catering kitchen; Includes 5 shared conference rooms and a spacious tenant lounge