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Hero Plaza Retail Center 12621 W Hero Way 2,500 - 7,438 SF of Retail Space Available in Leander, TX 78641
Highlights
- Well-positioned retail center with strong visibility along Hero Way in Leander.
- Located in a high-growth residential corridor with strong demographics.
- Surrounded by established neighborhoods and new residential developments.
- Flexible suite configurations suitable for retail, medical, restaurant, and service uses.
- Easy access to major routes including US-183 and proximity to Cedar Park and Austin.
- Ample on-site parking and modern construction for tenant convenience.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B1 | 2,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste B2-B5 | 4,938 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
12621 W Hero Way - 1st Floor - Ste B1
The property’s modern design, ample parking, and proximity to major thoroughfares such as US-183 and Hero Way enhance its accessibility and appeal. Tenants will benefit from the surrounding residential developments and the area’s continued economic expansion, making Hero Plaza a prime location for businesses looking to establish or grow their presence in a thriving market.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
12621 W Hero Way - 1st Floor - Ste B2-B5
The property’s modern design, ample parking, and proximity to major thoroughfares such as US-183 and Hero Way enhance its accessibility and appeal. Tenants will benefit from the surrounding residential developments and the area’s continued economic expansion, making Hero Plaza a prime location for businesses looking to establish or grow their presence in a thriving market.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Hero Plaza Retail Center
- Tenant
- Description
- US Locations
- Reach
- Action Behavior Center
- Health Care
- 108
- National
- Dr. Joo
- Health Care
- 1
- Local
- Dr. Li
- Health Care and Social Assistance
- 1
- -
- HOTWORX
- Fitness
- 786
- International
- Pizza Store
- Retailer
- 1
- -
- Zavas, LLC
- Retailer
- 1
- -
| Tenant | Description | US Locations | Reach |
| Action Behavior Center | Health Care | 108 | National |
| Dr. Joo | Health Care | 1 | Local |
| Dr. Li | Health Care and Social Assistance | 1 | - |
| HOTWORX | Fitness | 786 | International |
| Pizza Store | Retailer | 1 | - |
| Zavas, LLC | Retailer | 1 | - |
Property Facts
| Total Space Available | 7,438 SF | Frontage | Hero Way |
| Center Type | Strip Center | Gross Leasable Area | 30,983 SF |
| Parking | 39 Spaces | Total Land Area | 7.04 AC |
| Stores | 2 | Year Built | 2022 |
| Center Properties | 2 |
| Total Space Available | 7,438 SF |
| Center Type | Strip Center |
| Parking | 39 Spaces |
| Stores | 2 |
| Center Properties | 2 |
| Frontage | Hero Way |
| Gross Leasable Area | 30,983 SF |
| Total Land Area | 7.04 AC |
| Year Built | 2022 |
About the Property
Hero Plaza is a strategically located neighborhood retail center in the heart of Leander’s rapidly expanding residential corridor. This property offers excellent visibility and convenient access along Hero Way, making it an ideal destination for businesses seeking to capture the area’s strong consumer base. The center provides flexible suite configurations that accommodate a variety of uses, including retail, medical, restaurant, and service-oriented tenants. Leander is one of the fastest-growing communities in the Austin metropolitan area, benefiting from robust population growth and high household incomes. Within a five-mile radius, the population exceeds 115,000 residents with an average household income of over $141,000, creating a strong customer demographic for retailers and service providers.
Nearby Major Retailers
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Hero Plaza Retail Center | 12621 W Hero Way
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