Sawyer Ranch Shops
Austin
,
TX
Dripping Springs
Call for Details
$
8,412,000
.svg)
Call for Details
6.25
%
CAP Rate
17 Miles from Downtown Austin
MSA GDP of $222 Billion
558,482
Population within 15 Miles
Brand New High-Quality Construction
with Drive-Thru Component
Property details
- Fully Lease Retail Shops Building with Diverse, Internet-Resistant Tenant Mix
- Rare Annual Rental Escalations in 4 of 5 Leases
- All Tenants Reimburse for Management and Administrative Fees
- Brand New High-Quality 2024 Construction with Drive-Thru Component
- Prominent Location in US-290 fronting the New Sawyer Ranch Crossing Office Park
- 22-Acre Mixed-Use Retail & Office Center with Over 100k SF Office and Medical Office Space and Over 40k Additional SF of Retail/Restaurant Space
- Adjacent to Brand New Branch for Frost Bank with Additional Neighboring Tenants including FUSE Workspace, Thrivent, Brown Insurance, Gatlin Creek Dentistry, Cunningham Orthodontics, Jumpseat Research, Action Behavior Centers, and More
- Frontage on US-290 (39,366 AADT) with Two Access Points
- Strong Co-Tenancy Adjacent to Belterra Village Mixed-Use Experience-Oriented Retail Center
- Tenants include Gold's Gym, EVO Cinemas, Spec's & Chick-fil-A
- Adjacent to the Center is a New H-E-B
- Neighbors Belterra Master-Planned Development
- Includes Approximately 2,000 Homes as well as Hotel, Senior Living, and Commercial Space
- Robust, Affluent Demographics in Rapidly Expanding Suburban Austin
- 9,000 Additional Residential Units Planned or Under Development in Surrounding Area
- Median Home Value of $725,368 within 3 Miles of Site
- Average Household Income of $209,254 within a 3 Mile Radius
- Total Population of 558,482 within 15 Miles
- 17 Miles from Downtown Austin
- 23 Miles to Austin-Bergstrom International Airport
- No State Income Tax in Texas
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387