Listing Agency: CBRE | Austin a***@cbre.com Show Phone

Listed By: Andrew Alvarado · License #783396 Show Phone

Source: Cbre

Added: Apr 15 Changed: Jul 10 Last Checked: Aug 4 at 10:57AM

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Investment Insights

Based on property information with market context.

Located on the ground floor of Rivette Tower in the Mueller area, this 2,775 SF retail space offers an opportunity for retailers. The space benefits from street-level exposure and a modern residential tower above, providing a stream of daily customers from residents, office users, and visitors.

Key Highlights

• High visibility ground floor location in Rivette Tower.
• Located in the high‑traffic Mueller area.
• 2,775 SF of retail space.

Property Analytics

Property Profile

Current Use

Rivette Tower Real Estate Agency

Suggested Use

Top Pick Law Firm Electrical Service Building Supply (Bike/Boat/Book/etc) Store Garden Center Plumbing 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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

774

Businesses Nearby

Explore this area Business Placement

Demographics for 78723, TX

34,522

Population

17,065

Households

2

Avg Household Size

35

Median Age

56%

College-Educated

91%

High-School Grad

7.1 sq mi

ZIP Area

4,862

Density / Sq Mi

$87,978

Median Household Income

$54,769

Median Earnings

$1,478

Median Rent

$513,500

Median Home Value

Market

Lease Benchmarks for Austin, TX

$28.25 /SF/Yr

Avg Asking Price

$7.62–$70.24 /SF/Yr

Price Range

15,841 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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Frequently Asked Questions

What type of property is this?

Retail space - 2,775 SF retail space in Austin's Mueller area.

Where is this retail space located?

The property is located at 3901 Berkman Drive Austin, TX.

What are key features of this property?

This property features: High visibility ground floor location in Rivette Tower.; Located in the high‑traffic Mueller area.; 2,775 SF of retail space.