12400 W US Highway 290 - Retail FOR SALE
Austin, TX 78737 |
$6,000,000 USD
713-408-8555
12400 W US Highway 290
Austin, TX 78737
HIGHLIGHTS
- The new 16-year lease commenced in October 2025, allowing investors the opportunity to capitalize on nearly the entire lease term.
- Located 25 minutes from Downtown Austin, the area within a 5-mile radius is home to3.4MSF of commercial space and 1.2MSF currently under construction.
- Residents in the area earn an avg. annual household income of approximately $223,000 & nearly 72% have attained a bachelor’s/more advanced degree.
- In 2024, TLE welcomed 57 new openings and now has more than 430 centers open across the U.S. and U.K., with 60 centers expected to open in 2025.
- According to a report from the Center for American Progress, 60.5% of children under the age of 6 have “all available parents in the workforce.”
FOR SALE DETAILS
PRICE
$6,000,000 USD
PRICE/SF
$600 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Learning Experience
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.09 AC
LAND SF
47,480 SF
ZONING
-
APN/PARCEL ID
R198148,R60478
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713-408-8555
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713-408-8555
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