9063 Research Blvd
Austin, TX
Price:
$3,563,000
Cap Rate:
6.70%
NOI:
$238,745
Building Size:
Approx. 16,400 Sq. Ft.
Lot Size:
Approx. 0.6 Acres
Type:
Multi-Tenant / Retail
Sub Category:
Casual Dining
Year Built / Renovated:
1972 / 2025
Investment Overview
- 1972 Construction/2025 Renovation. 16,400+/- SF Building on 0.6+/- Acre Site Plus Additional 10.48 AC of Commercial Land
- Located Along Research Blvd (26,449 VPD) just west of Burnet Rd (39,653 VPD), & just East of Intersection 183 (147,788 VPD) & Mopac (156,055 VPD)
- Located Just South of The Domain – Austin’s 2nd Central Business District; Features high end luxury retail, Class A Office, hotels, & restaurants
- Potential Assemblage Opportunity – Offers unique opportunity to assemble nearby sites for vertical redevelopment
- High Household Income – Situated in a high spending market; Avg. HH incomes of $102,804 within 1 mile, & $127,865 within 3 miles
- Minimum Landlord Responsibilities – 5 of the 7 tenants are on full NNN lease structures, minimizing landlord exposure
- Austin | 5th Largest City in Texas – Population has Grown 11% Since 2020 | Population: 986,928+