8403 Research BlvdAustin, TX 78758

For Sale
Call for price

NNN Lease, 4,453 SF, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 4,453-square-foot freestanding retail building situated on a 0.25-acre lot in Austin, Texas. Currently occupied by Tiny's Western Shop under a one-year absolute NNN lease commencing July 1, 2024, and expiring June 30, 2025, this property offers a unique value-add proposition. The building, constructed in 1971, enjoys a prime location at 8403 Research Blvd, 78758, boasting excellent visibility on US-183, a major thoroughfare with a daily traffic count of 144,119 vehicles. Its strategic position between downtown Austin and the Domain District, both within a 10-minute drive, ensures high foot traffic and accessibility. The surrounding area is densely populated, with over 353,455 residents within a five-mile radius and an average household income exceeding $113,730. Furthermore, a substantial workforce of 586,256 employees is located within the same radius. The short-term lease provides an investor with ample time to explore future tenancy options, making this a compelling opportunity for both owner-users and investors seeking a centrally located, high-traffic retail property in a thriving Austin market. The property consists of a single unit with 100% occupancy. No rent bumps are included in the lease.

Highlights

  • One-year NNN lease with Tiny's Western Shop commencing July 1, 2024, providing ample time for re-tenanting.
  • Rare Austin, TX value-add opportunity ideal for owner-users.
  • High visibility on US-183, boasting 144,119 vehicles per day.
  • Prime location between Downtown Austin and The Domain, both within a 10-minute drive.
  • Strong demographics: Over 353,455 residents and $113,730 average household income within a five-mile radius.
  • Large workforce: 586,256 employees within a five-mile radius.

Property Details for 8403 Research Blvd

Property type
Other retail properties, Individual retail properties
Square Feet
4,453 SF
Year Built
1971
Lot Size (sq. ft)
10,890 SF
Units
1

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.358024287014
Longitude
-97.715774550379
8403 Research Blvd, Austin, Texas

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8403 Research Blvd
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