General Retail For Sale • 53,105 SF
| The lease expires 8/31/32 and includes one remaining 5-year option, with the tenant responsible for roof and structure under an absolute net structure |
| 25+ year operating history | Recently exercised option with six percent rent Increase scheduled for September 2027 |
| The property is positioned within the Lakeline Mall complex alongside Macy’s and JCPenney and near Target, H-E-B, and Alamo Drafthouse |
| The property’s roof was replaced by Havertys in 2021 and is covered by a 20-year GAF warranty expiring November 12, 2041, providing long-term coverage |
| Affluent trade area with $158,534 average household income (Five-Mile Radius) |
| Austin projected to be among the top 10 US markets for retail sales growth in 2026, supported by population growth over 2.4% annually and low vacancy |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Austin-Bergstrom International | 41 min | - | 28.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 172 |
| Type: | Surface |
| Included in Rent: | Yes |