13915 N Research Blvd
Austin, TX 78729
Walden Park · Retail Property For Sale

The subject property enjoys excellent visibility at the northeast corner of Texas Highway 183A and State Highway 45. The confluence of major highways near the property provides superb consumer draw to the immediate area, as the intersection collectively experiences an annual average daily traffic count of approximately 150,613 vehicles. The property benefits from ease of accessibility and highly visible placement along an arterial in a rapidly growing retail corridor. It is strategically situated in proximity to a number of prominent retail centers, as it is just south of Walden Park, a shopping center anchored by Super Target with ULTA, Subway, Sally Beauty Supply, and others occupying the shops within the center. This particular Super Target is a high performing store, with estimated annual grocery sales of $27.3 million. North of the Walden Park is Parkline Shopping Center, a 300,000 square foot shopping center anchored by The Home Depot and Kohl' s. Wells Fargo Bank and Chipotle occupy the pad sites in the Parkline center. Directly north from the property is a new Sam' s Club that opened its doors in April 2015, with Bank of America occupying the pad site. Austin is the capital of Texas and the seat of Travis County. Located in Central Texas, one of the fastest growing job markets and economies in the United States, Austin is the 11th-most-populous city in the United States and the 4th-most populated in Texas. It is the fastest growing of the 50 largest U.S. cities and the second largest state capital city after Phoenix, Arizona. As of June 1, 2016, Austin has a population of 931,830, while the Austin-Round Rock Metropolitan Statistical Area (MSA) has a population of 2,010,860. The city is served by a dense network of highways, including Interstates 10 and 35; US Highways 183 and 290; State Highway 71; Loops 1 and 360 and several tollways. Austin-Bergstrom International Airport is located five miles southeast of the city. The Austin-Round Rock-San Marcos MSA had a Gross Domestic Product of $98.6 billion in 2013. Austin is considered to be a major center for high tech businesses; in fact it is globally recognized for its high-tech economy and quality of life. *This property is listed in conjunction with Texas-licensed real estate broker Jones Lang LaSalle.