15511 Highway 71 Spicewood, TX 78669
Colinas Crossing, a Class A retail center in Bee Cave, Texas, offers prime commercial space at 15511 and 15601 Hwy 71 West, near the intersection of Palermo and Hwy 71. This two-building, single-story center totaling 23,177 square feet, was built in 2018 and is located in the Bee Cave/Lakeway submarket of Travis County. The property boasts excellent visibility and accessibility from Hwy 71, just three miles west of the Hill Country Galleria. Multiple tenancy options are available, with a minimum divisible space of 1,247 square feet and a maximum contiguous space of 2,039 square feet. Currently, available spaces include a 1,247 square foot in-line space (white-box, ready for occupancy November 2024, featuring new HVAC and restrooms), a 1,809 square foot in-line space (second-generation restaurant opportunity), and a 2,039 square foot in-line space (second-generation space, previously occupied by CryoFit). The center is anchored by a strong tenant mix including Summer Moon Coffee, Chicknic Neighborhood Rotisserie, The UPS Store, Comfydent Smiles, Zza Pizza + Salads, Luxe Vision Care, Austin Skin Dermatology, Deep Roots ATX Salon, and Paragon Infusion Center. This thriving retail center presents a unique opportunity for businesses seeking high-traffic visibility in a desirable location.
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
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.