Listing Agency: The Weitzman Group | Austin d***@weitzmangroup.com Show Phone

Listed By: David Ruwwe · License #TX#680404 Show Phone

Source: Weitzmangroup

Added: Apr 8 Changed: Jul 6 Last Checked: Aug 5 at 4:04AM

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Investment Insights

Based on property information with market context.

This 3,400 square foot space is available for rent and offers an endcap location fronting Burnet Road. The property presents a patio opportunity and is suitable for various commercial real estate uses, including medical office space, banks, and retail. This second-generation space has great potential for a medical office or bank.

Key Highlights

• Endcap fronting Burnet Road
• 2nd Generation Space Available - 3,400 sf
• Great potential for Medical Office or Bank

Property Analytics

Property Profile

Current Use

Peter Miller, MD Physician Idea Lab Kids High School Austin Access Care Medical Clinic Austin Apartment Association Volunteer Organization Andrew Pelphrey, MD Physician

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Pet Grooming Service Nursing Home Catering 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

1,749

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 78757, TX

23,847

Population

11,930

Households

2

Avg Household Size

37

Median Age

68%

College-Educated

97%

High-School Grad

5.0 sq mi

ZIP Area

4,769

Density / Sq Mi

$104,946

Median Household Income

$65,886

Median Earnings

$1,661

Median Rent

$629,500

Median Home Value

Market

Lease Benchmarks for Austin, TX

$20.97 /SF/Yr

Avg Asking Price

$1.59–$38 /SF/Yr

Price Range

8,991 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

Questions? Ask Rey

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What type of property is this? Where is this medical office 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?

Medical Office Space - 3,400 SF second-generation space with patio opportunity on Burnet Road.

Where is this medical office space located?

The property is located at 8620 BURNET ROAD Austin, TX.

What are key features of this property?

This property features: Endcap fronting Burnet Road; 2nd Generation Space Available - 3,400 sf; Great potential for Medical Office or Bank