978-273-7176
11600 Research Blvd, Austin, TX for Sale
Restaurant - FOR SALE
1/6
null | Request Cap Rate

11600 Research Blvd
Austin, TX 78759
Arboretum


HIGHLIGHTS

  • Repositioning Opportunity
  • Strategic Location
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire or lease a building formally operated by Outback Steakhouse located at 11600 Research Boulevard in Austin, Texas (the “Property”). The freestanding, single tenant Outback consists of a 6,176 square-foot building on a 2.12-acre parcel of land. Outback has 5+ years remaining on their Triple Net Lease. This location is dark; Outback has ceased operations but will continue to pay base rent and all operating expenses and will continue to maintain the premises for the remainder of their primary lease term (through 9/31/2031). The Property is exceptionally well located along Research Boulevard directly next to US Highway 183, one of Northwest Austin’s primary retail and commuter corridors. The site benefits from strong visibility, prominent frontage, and convenient access, and is positioned within a dominant trade area featuring a critical mass of national retailers, restaurants, and service providers. Nearby retail anchors include The Arboretum at Great Hills and The Domain, both of which serve as major shopping, dining, and employment hubs for the region. The Property is surrounded by established residential neighborhoods and large multifamily communities that provide a substantial built-in customer base and is located approximately 10 miles north of Downtown Austin, with convenient access to Loop 1 (MoPac Expressway) and Interstate 35.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Outback Steakhouse (Dark)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.12 AC

LAND SF

92,347 SF

ZONING

GR, GR-CO, LO

APN/PARCEL ID

360684

ASK ABOUT THIS PROPERTY

Justin SpillaneHorvath & TremblayMore Info
978-273-7176

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Justin SpillaneHorvath & TremblayMore Info
978-273-7176

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.