Overview
Prime Retail Location in Austin
This property is located at the junction of W Parmer Lane and McNeil Drive, benefiting from high traffic volume with 26,400 AADT on W Parmer Lane and 44,746 AADT on McNeil Drive. The location offers excellent access and visibility within a strong retail corridor. The surrounding area has a daytime population of 301,274 and an average household income of $139,068 within a 5-mile radius. As an outparcel to Parmer McNeil Plaza, the property is near tenants such as Starbucks, Chipotle, Schlotzsky’s, Whataburger, Great Clips, Chase Bank, and Shell. It also neighbors McNeil Crossing, an H-E-B-anchored center with tenants including Subway, Goodwill, FedEx, and Wendy’s. Several car dealerships including BMW of Austin, Alfa Romeo of Austin, Tesla, and Bentley of Austin are located nearby. The property is less than a mile from Apple’s new North Austin campus, which is currently under construction and will house up to 15,000 employees. Research Park, a 173,000 square foot business park that is home to Visa, Cisco, and Flex, is less than 2 miles away. Additional nearby employers include eBay, Accenture, Allergen, SparkCognition, Intertek Alchemy, and IGT. The property is four miles from Saint David’s North Austin Medical Center, which provides comprehensive medical services. Inspire Development’s mixed-use Pearson Ranch project, featuring 2.6 million square feet of office space and 200,000 square feet of retail, restaurant, and community space, is in the works just three and a half miles from the site. McNeil High School with 2,690 students and Jollyville Elementary School with 507 students are less than a mile away. Several luxury apartment and housing communities are within walking distance, including Windsor Apartments, Stone Oak, The Monterra, Highline, and Riata Crossing. The property size is 4,200 square feet.