11940 Hero Way West
Leander, TX 78641
Taco Bell | New 25-Yr NNN | 280 Unit Operator · Retail Property For Sale

The property is strategically located on Hero Way, just past the signalized intersection of Hero Way and Bagdad Road, with a traffic count of 28,910 vehicles per day at the intersection. Bagdad Road is currently undergoing a three-lane widening project near the property to accommodate increasing volumes of vehicular traffic in the area. Road widening projects on Bagdad Road and Hero Way—which also just completed a major widening—are expected to double the traffic count in front of the property. Additionally, Hero Way provides convenient access to U.S. Route 183, which serves as the primary route between Leander and Austin and experiences a traffic count of 33,721 vehicles per day near the property. The property is located in a burgeoning retail area, and notable national tenants—including CVS, H-E-B Plus!, Dollar General, and Little Caesars—are located nearby. Several large retail plazas are also located just minutes from the property and feature well-known tenants such as Lowe’s, Kohl’s, Super Target, Costco, Whole Foods, Forever 21, and more. The property is centrally located near a number of significant developments. Austin Community College’s new 100-acre, $60 million San Gabriel Campus is located minutes away. The college is slated to open in 2018, with an initial projected enrollment of 2,500. Enrollment is expected to increase to 12,000 over the next few years as the campus expands. The property is also close to St. David’s HealthCare’s new medical center. The facility is already home to a 12-bed emergency center. Once completed, the medical center will also include a community hospital, which will create more than 200 jobs. Additionally, a number of residential developments are located near the property, which will bolster the property’s already robust customer base; currently, 71,569 residents with an average household income of $94,398 live within a five-mile radius.