Property summary
This exceptional 6,183 square foot shopping center, located at 8315 Burnet Road in Austin, Texas, presents a compelling investment opportunity. The property boasts a fee-simple ownership structure and features three tenants in a multi-tenant configuration, achieving 100% occupancy. Built in 1980 and renovated in 2012, this single-story building sits on a 0.498-acre lot and offers ample parking with 23 spaces. The property benefits from a prime location along Burnet Road, a highly trafficked retail corridor in central Austin, running from The Domain to 45th Street. Recent improvements include a resurfaced parking lot and the addition of curb stops. The property is zoned CS-1-NP, CS-NP, and operates under a triple-net (NNN) lease structure, providing a stable and predictable income stream. This stabilized investment offers a rare chance to acquire a well-maintained retail asset in a highly desirable Austin location. The property's strong tenant mix and consistent cash flow make it an attractive addition to any portfolio. With its convenient location and recent upgrades, this shopping center is poised for continued success. The three units are situated within a single building.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Pharmacy
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Car Rental Facility
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(Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
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Take-out & Catering
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(Bike/Boat/Book/etc) Store Clothing & Fashion Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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