2001 Airport Blvd
Austin, TX 78722
Retail Property For Sale

- Rare Infill Asset: This is a high pride of ownership location. The Property is situated just south of the Mueller redevelopment and less than 1.5 miles from the University of Texas campus. - Great Redevelopment Opportunity: The four current tenant have short term leases with no options. This is a great opportunity for a new owner to repurpose the spaces and bring rents up to market. - Below Market Rents: The average rental rate at Airport Infill Strip is only $20 psf Gross, while like-kind product in the immediate trade area is leasing from $26.00 to $35.00 psf NNN. - High Traffic Corridor: Between Airport Blvd and E Martin Luther King Jr Blvd. more than 65,000 vehicles pass the Property daily. - Tremendous Trade Area with High Growth: The population within a one-mile radius of the Airport Infill Strip has grown by 11.25% since 2010, and it is expected to continue to grow an additional 46% over the next five years. Within a three-mile radius of the Property there are 170,736 residents increasing to an astounding 376,191 residents within five miles. - Access and Visibility: The Property is located in a growing retail corridor just north of the lighted intersection on Airport Blvd and E Martin Luther King Jr Blvd.