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    651 Us Hwy Leander, TX 78641

    For Lease
    $21 SF/Yr

    Prime Leander retail space, H-E-B anchored.

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail opportunity is located at 651 N US Hwy 183 in Leander, Williamson County, Texas, zip code 78641. The property, built in 2007, is a 40,000 square foot center situated at the northwest corner of Hwy 183 and Hero Way. The center features a dominant 150,000 square foot H-E-B Plus! as its anchor tenant, ensuring high foot traffic and visibility. Currently, there are no vacant spaces

    Property Features for 651 Us Hwy

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF
    Total Rate
    70000

    Building Details

    Year Built
    2007

    Unit(s) available at that property

    Space
    Suite 370
    Size
    5,000 SF
    Rate per SF
    $21

    HighLights

    • 40,000 SF retail center in Leander, TX.
    • Located at the NW corner of Hwy 183 & Hero Way.
    • Built in 2007.
    • Anchored by a 150,000 SF H‑E‑B Plus!, ensuring high traffic.
    • Currently 100% occupied.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leander
    County
    Williamson
    State
    Texas
    Longitude
    -97.856707540733
    Latitude
    30.583478648634

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    FAQs

    What type of property is this?
    Individual retail property - Prime Leander retail space, H-E-B anchored.
    Where is this individual retail property located?
    The property is located at 651 Us Hwy Leander, TX.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 40,000 SF retail center in Leander, TX.; Located at the NW corner of Hwy 183 & Hero Way.; Built in 2007.
    Request Owner's contact information
    651 Us Hwy Leander, TX 78641
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    651 Us Hwy Leander, TX 78641
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