Listing Agency: Southwest Strategies Group j***@swsg.com Show Phone

Listed By: John Rosato · License #425902

Source: Moodyscre

Added: Jul 5, 2024 Changed: Jul 10 Last Checked: Jul 26 at 2:29PM

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Investment Insights

Based on property information with market context.

This retail space, currently under construction, offers 2,199 square feet of area. The property features direct access to a Hike & Bike Trail. It has a 12-foot floor-to-ceiling height. The space includes a grease trap. Many demising options are available.

Key Highlights

• Direct access to Hike & Bike Trail
• 6,277 SF Retail Under Construction**
• Grease Trap in place

Property Analytics

Property Profile

Current Use

Poppi Big Box & Wholesale Store Arco Blow Dry ... Hair Salon Game 7 Staffing ... Employment Agency Momark Development Corporate Office Lewis Dumpster Rental Waste Management Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Locksmith Electrical Service Daycare Center Fish Market

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

2,785

Businesses Nearby

12k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 55% Hotels & Casinos 45%

Denny's Dining

6,847 visits/mo 0.2 miles

DoubleTree by Hilton Hotels & Casinos

4,299 visits/mo 0.2 miles

Super 8 Austin/Dtwn/Capitol Area Hotels & Casinos

1,227 visits/mo 0.3 miles

Market

Lease Benchmarks for Austin, TX

$27.75 /SF/Yr

Avg Asking Price

$7.62–$70.24 /SF/Yr

Price Range

4,482 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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What type of property is this? Where is this retail space 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?

Retail space - Retail space under construction with hike trail access.

Where is this retail space located?

The property is located at 31 Navasota St Austin, TX.

What are key features of this property?

This property features: Direct access to Hike & Bike Trail; 6,277 SF Retail Under Construction**; Grease Trap in place