1804 Briarcliff Blvd - Storefront FOR SALE


Austin, TX 78723- Windsor Park
$3,050,000 USD
214-522-7200
1804 Briarcliff Blvd, Austin, TX for Sale
$3,050,000 USD
Storefront - FOR SALE
1/5
null | 5.56% Cap Rate

1804 Briarcliff Blvd
Austin, TX 78723
Windsor Park


HIGHLIGHTS

  • 1960 Construction / 2024 Renovation. 9,150+/- SF Building on 1.12+/- Acre Site
  • Potential Redevelopment Opportunity - Positioned for an Aggressive Vertical Redevelopment, Creating Significant Upside Opportunity
  • Located Just North of The Mueller District with Proximity to Downtown and UT Campus
  • Situated in High-Spending Submarket, Benefiting from Avg. HH Incomes of $107,031 w/in 1-Mi. & $139,119 w/in 5-Mi.
  • Adjacently Located to Windsor Commons - Brand-New, Class-A, Mixed-Use Multi-Family & Retail Development
  • Austin  |  One of the Fastest-Growing Cities in the U.S.  |  Population: 986,928+

OVERVIEW

Below Market Rents - Avg. Base Rental Rate of only $18.95 PSF while Other Tenants in the Center are Paying Base Rate of $30.60 PSF

FOR SALE DETAILS

PRICE

$3,050,000 USD

PRICE/SF

$333 USD /SF

CAP RATE

5.56%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gaston Place Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,961 SF

ZONING

F1

APN/PARCEL ID

223578

ASK ABOUT THIS PROPERTY

Dylan DavilaSecure Net LeaseMore Info
214-522-7200

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Dylan DavilaSecure Net LeaseMore Info
214-522-7200

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