Retail Space /TX /Williamson County /Leander /821 N Highway 183
Retail Space /TX /Williamson County /Leander /821 N Highway 183

821 N Highway 183 - Retail FOR SALE


Leander, TX 78641 | 
$4,523,000 USD
214-960-2887
821 N Highway 183, Leander, TX for Sale
$4,523,000 USD
Retail - FOR SALE
1/4
null | 5.8% Cap Rate
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821 N Highway 183
Leander, TX 78641

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HIGHLIGHTS

  • Best In Class Tenant Line Up; Chipotle & Hero Way Dental Care (Heartland Dental)
  • 5.80% Cap Rate At List Price After October 2027 According to Current Leases
  • Average Lease Term Expiration June 2032
  • Benefits from Parallel Positioning to US Highway 183, Drive Thru & Outdoor Patio for Chipotle & Shallow Bay Depth
  • Nearby National Retailers include H-E-B, Lowe’s, Petco, Chick- Fil-A, Whataburger, Panda Express, CareNow, McDonalds, AT&T & Fleet Feet Among Others
  • 3,638% Increase in Population within 1-Mile Radius since 2000

OVERVIEW

100% Leased, 5,940 SF Two Tenant Retail Center | 2021 Construction Affluent Northern Austin Submarket with Average Household Income Exceeding $136,600, $153,800 & $165,100 in 1-, 3-, & 5-Mile Radius

FOR SALE DETAILS

PRICE

$4,523,000 USD

PRICE/SF

$761 USD /SF

CAP RATE

5.8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle & Heartland Dental

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,381 SF

ZONING

-

APN/PARCEL ID

R607107

ASK ABOUT THIS PROPERTY

Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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