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Investment Highlights

  • New retail center delivered in March 2026.
  • Located at the intersection of Bagdad Road and Municipal Drive.
  • Convenient access and visibility support neighborhood-serving businesses.
  • Drive-thru opportunities are available for lease or purchase.
  • Positioned within a growing residential corridor in Leander.
  • Parking ratio: 4.5/1000

Executive Summary

The Shops at Bagdad Corner is a newly developed neighborhood retail center located at the intersection of Bagdad Road and Municipal Drive in Leander, Texas. The project consists of four retail buildings with a mix of shop space and drive-thru opportunities, providing flexibility for owner-users, investors, and retail operators seeking a presence in one of the Austin area's expanding suburban markets. Positioned within a growing residential corridor, the property benefits from direct access to Bagdad Road and Municipal Drive, creating convenient customer access and visibility. The center's modern design, multiple building configuration, and drive-thru component support a variety of retail, restaurant, service, and medical retail uses. The development's location within Leander places it near continued residential growth, expanding consumer demand, and the broader economic influence of the Austin metropolitan area. The project includes 19 units across four buildings and offers the ability to purchase select retail or drive-thru opportunities. With new construction delivered in March 2026, buyers have the opportunity to acquire space within a newly developed retail environment designed to serve the area's growing population and daily service needs.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 101
  • 1,895 SF
  • Retail
  • Upon Request
  • -
Sale Type Investment or Owner User
Cap Rate 7.75%
Sale Conditions Building in Shell Condition
Sale Notes
The Shops at Bagdad Corner offers a premier retail destination in the rapidly expanding Leander, Texas market. This Class A neighborhood retail center showcases exceptional architectural design and meticulous craftsmanship— every element has been thoughtfully executed to create an inviting, high quality environment for both tenants and visitors. Positioned at a high growth corridor, it provides outstanding visibility, accessibility, and long term value.
  • Unit 102
  • 2,466 SF
  • Retail
  • Upon Request
  • -
Sale Type Investment or Owner User
Cap Rate 7.75%
Sale Conditions Building in Shell Condition
Sale Notes
The Shops at Bagdad Corner offers a premier retail destination in the rapidly expanding Leander, Texas market. This Class A neighborhood retail center showcases exceptional architectural design and meticulous craftsmanship— every element has been thoughtfully executed to create an inviting, high quality environment for both tenants and visitors. Positioned at a high growth corridor, it provides outstanding visibility, accessibility, and long term value.
Unit Unit Size Condo Use Price NOI
Unit 101 1,895 SF Retail Upon Request -
Unit 102 2,466 SF Retail Upon Request -

Unit 101

Unit Size
1,895 SF
Condo Use
Retail
Price
Upon Request
NOI
-

Unit 102

Unit Size
2,466 SF
Condo Use
Retail
Price
Upon Request
NOI
-

Unit 101

Unit Size 1,895 SF
Condo Use Retail
Price Upon Request
NOI -
Sale Type Investment or Owner User
Cap Rate 7.75%
Sale Conditions Building in Shell Condition
Sale Notes
The Shops at Bagdad Corner offers a premier retail destination in the rapidly expanding Leander, Texas market. This Class A neighborhood retail center showcases exceptional architectural design and meticulous craftsmanship— every element has been thoughtfully executed to create an inviting, high quality environment for both tenants and visitors. Positioned at a high growth corridor, it provides outstanding visibility, accessibility, and long term value.

Unit 102

Unit Size 2,466 SF
Condo Use Retail
Price Upon Request
NOI -
Sale Type Investment or Owner User
Cap Rate 7.75%
Sale Conditions Building in Shell Condition
Sale Notes
The Shops at Bagdad Corner offers a premier retail destination in the rapidly expanding Leander, Texas market. This Class A neighborhood retail center showcases exceptional architectural design and meticulous craftsmanship— every element has been thoughtfully executed to create an inviting, high quality environment for both tenants and visitors. Positioned at a high growth corridor, it provides outstanding visibility, accessibility, and long term value.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 4,433 SF
Property Type Retail
Property Subtype
Freestanding
  • General Retail Restaurant
  • General Retail Storefront
Building Class B
Floors 1
Typical Floor Size 1,800 SF
Year Built 2026
Lot Size 3.23 AC
Parking Ratio 4.5/1,000 SF
Zoning Retail - Neighborhood Retail Local Commercial

Amenities

  • Signage
  • Drive Thru
  • Monument Signage
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100

Nearby Major Retailers

PJ's Coffee of New Orleans
CrossFit
  • Listing ID: 39053355

  • Date on Market: 1/12/2026

  • Last Updated:

  • Address: 1012 Municipal Dr, Leander, TX 78641

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