Hangar offers 1,978 SF of ground-floor retail plus a 504 SF patio at 403 E Koenig Lane. The space features double-height ceilings, blade-sign visibility to approximately 24,144 vehicles per day, a 2,500-gallon grease trap, dedicated back-of-house and trash areas, adjacent garage parking, and surrounding street and parallel parking. The mixed-use development will include 499 residential units at completion, with Phase I delivering 249 units and a public park in Q4 2026. The site is surrounded by a growing residential base and benefits from pedestrian connections to North Loop and 53rd Street, proximity to the Red Line, and convenient access to UT, Downtown Austin, and Austin-Bergstrom International Airport. With strong daytime demographics, built-in residential demand, an inviting patio, and infrastructure suited for food-and-beverage operations, the space is well positioned for an operator serving multiple dayparts.