8315 Burnet RdAustin, TX 78757

For Sale
$3,272,000

Austin Shopping Center - 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
93
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.

Highlights

  • Prime Burnet Road retail property in near-central Austin, offering strong cash flow and a rare investment opportunity.
  • Highly sought-after asset in a tightly held market with limited comparable retail properties available.
  • Recent capital improvements include a resurfaced parking lot and upgraded curb cuts.

Property Details for 8315 Burnet Rd

Property type
Lifestyle centers, Power centers
Square Feet
6,183 SF
Year Built/Renovated
1980/2012
Buildings
1
Stories
1
Lot Size (sq. ft)
21,693 SF
Units
3

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.363989413135
Longitude
-97.728523379015
8315 Burnet Rd, Austin, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
8315 Burnet Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message