Airport Infill Strip Austin, TX

2001 Airport Blvd
Austin, TX

Price: $1,550,000
Cap Rate: 9.10%
NOI: $141,039
Building Size: Approx. 4,030 Sq. Ft.
Lot Size: Approx. 0.55 Acres
Type: Multi-Tenant / Retail
Year Built: 1959

Investment Overview

  • 4,030+/- SF Building on .55+/- Acre Site
  • Rare Infill Asset located 1.5 Miles from University of Texas and South of Mueller Redevelopment
  • Excellent Traffic Location Along Airport Boulevard (65K VPD)
  • Great Redevelopment Opportunity Due to Short Term Tenant Leases w/o Options to Renew
  • Area Around Subject Property Projected to Grow 52% Over the Next 5 Yrs
  • Near Whataburger, H-E-B, Taco Bell, Popeyes, Family Dollar, Chase Bank
  • Strong Income Demos w/ $107,613 within a 1-Mile Radius
  • Austin  |  Ranked the #2  Hottest City for Commercial Real Estate by Forbes in 2020