2700 Pecan Street W - 3 Points Plaza - Three Points Plaza, Pflugerville, TX

Rent for this space is not calculated per square foot. Instead leasing agnet informs it varies per office from $350 to $595.

01/05: Austin Windmere LP, represented by Dube's Commercial, purchased the building. Marcus & Millichap, represented the seller, Pflugerville Center LP.

Three Points Plaza is a retail and office center located near the intersection of Interstate 35 and Wells Branch Parkway in far north Austin. Tinseltown 20 Theaters are located nearby. Retail and office spaces for lease range in size from 130 to 3,125 sf. Center has plenty of parking, great visibility, good access to all of the greater Austin area, and very competitive rental rates. Tenants in the center include three restaurants, a gourmet bakery, and a 32-office executive office suite (Pflugerville Executive Office Suites - PEXOS).

Three Points Plaza has a parking ratio of 155 sf per parking space, or approximately double the parking capacity of the typical office building in Austin.

Population count within a 5-mile radius is 155,497. Average household income is $75,514. This is area is one of the fastest growing areas in Central Texas with 525 new homes and 300 apartment units being built across the street.

Tax #: 02742807030000
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Sale Notes:
87,300 SF Retail Shopping Center located in the
Austin, Texas MSA and anchored by Aaron’s Rents
Huge Upside Potential as property is only 56%
currently leased with many rent bumps.
Stable, long term tenant history
9 Lease renewals done in 2011
Excellent visibility and easy access
Traffic count exceeds 34,000 vehicles per day
Large pylon signage
Value ADD: PAD SITE Development Opportunity
Located in the Austin ETJ and Travis County, Texas
REO Asset
Priced well below replacement cost

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