109 W Anderson Ln
Austin, TX 78752
Red Lobster · Retail Property For Sale

This Red Lobster property is situated on West Anderson Lane, which boasts average daily traffic counts of 174,470 vehicles. West Anderson Lane intersects and serves as an access route to Interstate-35, which experiences average daily traffic counts of more than 204,020. In addition, there are more than 159,400 individuals residing within a three-mile radius of the property and more than 337,800 individuals within a five-mile radius. The subject property benefits from being well-positioned in a highly dense retail and office corridor consisting of national and local tenants, shopping malls, academic institutions, and several hospitality accommodations all within close proximity of this property. Major national tenants in the area include: Walmart, Northrop Grumman, Luby’s, McDonald’s, Taco Bell, Burger King, Denny’s, Applebee’s, Buffalo Wild Wings and more. This Red Lobster also benefits from being situated in close proximity to many academic institutions, mostly notably University of Texas at Austin, a public research university with over 50,950 students enrolled and over 3,000 teaching faculty members. Additionally, the property is just ten miles away from the Austin-Bergstrom International Airport, the second-fastest growing airport in the nation for the past two years, where 15.8 million passengers travel annually. Located in Central Texas on the eastern edge of the American Southwest, Austin is the capital of the state of Texas, the Lone Star State. It is the 11th-most populous city in the United States and the 4th-most populous city in Texas, with a metro population of 2,056,405. U.S. News & World Report named Austin the #1 place to live in the U.S. for 2017 and 2018. In 2016, Forbes ranked Austin #1 on its "Cities of the Future" list. Austin is considered to be a major center for technology. This strength has also created a strong pharmaceutical and biotechnology presence in the city. Other industries that have strong presences in Austin are advanced manufacturing, clean energy & power, and data management. A number of Fortune 500 companies have headquarters or regional offices in Austin, including Amazon, Apple Inc., Cisco, eBay, General Motors, Google, IBM, Intel, Oracle Corporation, Paypal, Texas Instruments, 3M, and Whole Foods Market. Apple’s campus in north Austin is more than a million square feet and houses over 6,000 employees.