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Grand Avenue Center - Pflugerville, TX 1100 Grand Avenue Local commercial 1 231 m² 100 % Loué À vendre Pflugerville, TX 78660 3 969 202 € (3 224,46 €/m²)
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- 100% Occupied: Internet-resistant tenant base of restaurants and service-oriented businesses with a generous parking ratio of 4.98 spaces per 1,000 SF
- Dense population of 105,808 residents and $80,544 average household income within 3 miles.
- Frontage along Grand Avenue Parkway with 36,819 VPD, ensuring strong visibility and accessibility.
- Upside by converting leases to Triple Net (NNN) and raising rents from $21.72 PSF (net) to $29 PSF NNN (per CoStar).
- Located at the corner of Grand Avenue Parkway and Royston Lane, just 1 mile east of I-35, with full access from both roads.
- Pflugerville, in Travis County (Austin MSA), benefits from proximity to the high-tech industry and major shopping destinations.
Résumé analytique
Sands Investment Group is pleased to exclusively offer for sale the Grand Avenue Center, a 13,150 SF shopping center located in the northeast quadrant of the Austin MSA. Built in 2003, the property sits on a 1.94-acre parcel with a generous parking ratio of 68 spaces (5/1,000 SF). The center is 100% leased to a diverse mix of nine internet-resistant, service-oriented tenants. With rents well below market, the property provides investors with both stable cash flow and significant upside potential through future rent growth.
The Grand Avenue Center is located in Round Rock, one of Austin’s fastest-growing submarkets and a major technology hub. The property benefits from excellent regional connectivity with convenient access to Austin-Bergstrom International Airport, downtown Austin, I-35 (165,081 VPD), and SH-45 (70,000 VPD).
Strategically positioned at the corner of Grand Avenue Parkway and Royston Lane, the center enjoys strong daily traffic counts of 38,428 VPD and proximity to major employers and demand drivers, including Dell Corporate Headquarters, Dell’s Parmer South Campus, Pflugerville High School, La Frontera Shopping Center, and the planned $200M mixed-use development “The District.” This offering represents a rare opportunity to acquire a stabilized, well-located neighborhood shopping center in a high-growth Austin corridor with built-in upside.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
The Grand Avenue Center is located in Round Rock, one of Austin’s fastest-growing submarkets and a major technology hub. The property benefits from excellent regional connectivity with convenient access to Austin-Bergstrom International Airport, downtown Austin, I-35 (165,081 VPD), and SH-45 (70,000 VPD).
Strategically positioned at the corner of Grand Avenue Parkway and Royston Lane, the center enjoys strong daily traffic counts of 38,428 VPD and proximity to major employers and demand drivers, including Dell Corporate Headquarters, Dell’s Parmer South Campus, Pflugerville High School, La Frontera Shopping Center, and the planned $200M mixed-use development “The District.” This offering represents a rare opportunity to acquire a stabilized, well-located neighborhood shopping center in a high-growth Austin corridor with built-in upside.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
Informations sur l’immeuble
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
1 231 m²
Année de construction
2003
Prix
3 969 202 €
Prix par m²
3 224,46 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,16
Surface du lot
0,79 ha
Principaux occupants
- Occupant
- Secteur d’activité
- m² Occupés
- Loyer/m²
- Fin du bail
- Amigo's BBQ Grill
- Hébergement et restauration
- 139 m²
- -
- -
- Cafe 1 Bakery
- Hébergement et restauration
- 111 m²
- -
- -
- CRS Liquor
- Enseigne
- 111 m²
- -
- -
- Fine Dry Cleaners
- Enseigne
- 200 m²
- -
- -
- Finest Nails & Spa
- Enseigne
- 93 m²
- -
- -
- Oriental Kitchen
- Enseigne
- 195 m²
- -
- -
- Salina Hair Salon
- Enseigne
- 93 m²
- -
- -
- Sky Hookah Lounge
- Enseigne
- 111 m²
- -
- -
- Taste of Ethiopia
- -
- 167 m²
- -
- -
| Occupant | Secteur d’activité | m² Occupés | Loyer/m² | Fin du bail | ||
| Amigo's BBQ Grill | Hébergement et restauration | 139 m² | - | - | ||
| Cafe 1 Bakery | Hébergement et restauration | 111 m² | - | - | ||
| CRS Liquor | Enseigne | 111 m² | - | - | ||
| Fine Dry Cleaners | Enseigne | 200 m² | - | - | ||
| Finest Nails & Spa | Enseigne | 93 m² | - | - | ||
| Oriental Kitchen | Enseigne | 195 m² | - | - | ||
| Salina Hair Salon | Enseigne | 93 m² | - | - | ||
| Sky Hookah Lounge | Enseigne | 111 m² | - | - | ||
| Taste of Ethiopia | - | 167 m² | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | 782949 | Évaluation des aménagements | 2 159 841 € |
| Évaluation du terrain | 438 410 € | Évaluation totale | 2 598 252 € |
Taxes foncières
Numéro de parcelle
782949
Évaluation du terrain
438 410 €
Évaluation des aménagements
2 159 841 €
Évaluation totale
2 598 252 €
Contacts
-
Ethan Offenbecher -
Baker Baine -
Zuhare Rizvon -
Carlos Arizpe -
Sands Investment Group Austin, LLC
1 sur 6
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Grand Avenue Center - Pflugerville, TX | 1100 Grand Avenue
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