71 & Old Bee Caves Rd Austin, TX 78735
Center of the Hills offers exceptional retail and restaurant opportunities in the thriving Oak Hill neighborhood of Austin, Texas. Strategically located at the intersection of Highways 71 and 290, this dominant grocery-anchored shopping center boasts a total of 139,564 square feet. Six suites are currently available, ranging from a minimum of 820 square feet to a maximum contiguous space of 7,070 square feet, providing flexibility for various business needs. A significant 17,048 square feet of vacant space is ready for immediate occupancy. The property features ample parking with 825 spaces, providing a generous parking ratio of 5.7 per 1,000 square feet. This location within the Austin-Round Rock MSA ensures high visibility and accessibility for businesses seeking a strong presence in a rapidly growing market. The center's established position as the dominant shopping center in the trade area guarantees a substantial customer base. This is an unparalleled opportunity to establish or expand your business in a prime Austin location. Contact us today to learn more about available spaces and lease terms. The gross leasable area is 145,337 square feet. Located in Travis County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.