Leased Lighting
For Sale
Contact for pricing
Pending
5020 Burnet Rd, Austin, TX 78756
NN lease structure limits landlord responsibilities at a signalized Central Austin location near major thoroughfares.
Property SizeContact for details
Days on Market147
Property Features for 5020 Burnet Rd
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Vertique Development
Listed By:
Carter Bailey · License #530178
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Sep 1 at 10:12PM
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 Vertique Development
Investment Insights
Based on property information with market context.
This showroom property is occupied by Circa Lighting LLC, doing business as Visual Comfort & Co, a designer lighting and accessories retailer with more than 50 showrooms across the United States and London. The company has operated for over 30 years and serves customers across a range of design preferences and price points.
The lease carries a 10-year base term, with an 8% rent increase after the first 5 years and additional increases during two 5-year option periods. Structured as NN, the lease assigns minimal responsibilities to the landlord. The property fronts Burnet Road at a signalized intersection in Central Austin, with convenient access to major thoroughfares and proximity to several large employers within an established, densely developed submarket.
The lease carries a 10-year base term, with an 8% rent increase after the first 5 years and additional increases during two 5-year option periods. Structured as NN, the lease assigns minimal responsibilities to the landlord. The property fronts Burnet Road at a signalized intersection in Central Austin, with convenient access to major thoroughfares and proximity to several large employers within an established, densely developed submarket.
Key Highlights
- Occupied by Circa Lighting LLC, DBA Visual Comfort & Co
- 10‑year base lease term with an 8% increase after the first 5 years
- Two 5‑year option periods with additional rental increases
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,280
Businesses Nearby
50k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 48%
Beauty & Spa 3%
Dollar Tree
Shops & Services
16,399 visits/mo
0.3 miles
Voodoo Doughnut
Dining
7,980 visits/mo
0.4 miles
Torchy's Tacos
Dining
7,901 visits/mo
0.1 miles
Shell
Shops & Services
6,835 visits/mo
0.2 miles
Thundercloud Subs
Dining
3,963 visits/mo
0.4 miles
Demographics for 78756, TX
8,426
Population
4,943
Households
1.7
Avg Household Size
37
Median Age
71%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
4,956
Density / Sq Mi
$97,149
Median Household Income
$56,515
Median Earnings
$1,383
Median Rent
$788,600
Median Home Value
Market
Vacancy Rate% for Retail in Austin, TX
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Frequently Asked Questions
What type of property is this?
Showroom - NN lease structure limits landlord responsibilities at a signalized Central Austin location near major thoroughfares.
Where is this showroom located?
The property is located at 5020 Burnet Rd Austin, TX.
What are key features of this property?
This property features: Occupied by Circa Lighting LLC, DBA Visual Comfort & Co; 10‑year base lease term with an 8% increase after the first 5 years; Two 5‑year option periods with additional rental increases
