Technical
Financial
Distress signals
Property profile

15511 Highway 71 Spicewood, TX 78669

OFF-MARKET
Neighborhood centers
23,177 SF Built 2018
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Neighborhood centers
Year built 2018
Total area 23,177 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15511 Highway 71 Spicewood, TX 78669
Spicewood metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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