3590 Greenlawn Blvd
Round Rock, TX 78664
Greenlawn Plaza · Retail Property For Sale

The subject property is prominently situated at the intersection of Greenlawn Blvd (11,583 AADT) and Interstate 35 (177,488 AADT), with excellent frontage and access. The site is ideally situated near the intersection of SH-45, Loop 1, and Interstate 35, with a combined AADT of 328,552. The site benefits from strong demographics, with a population of more than 241,280 within a five-mile radius and average household income exceeding $88,900. In addition, the subject property is located in a high-growth area, experiencing an annual rate of 7.13% since 2010 and expected to continue to grow over the next ten years. The site benefits from a prominent retail location neighboring the 330 acre La Frontera mixed-use development, with anchors including Best Buy, Target, Sam’s Club, Walmart Supercenter, Hobby Lobby, Michael’s, the Home Depot, Kohls, and more. The development comprises more than 1 million square feet of retail, three apartment complexes, and the Austin Marriott North, the largest hotel in Williamson County. In addition, the area is home to several of the city’s largest employers, including three Dell headquarters buildings, Emerson Automation Services, HP, and more. In addition, the site is located adjacent to a recently announced $200 million master planned residential and commercial development, The District, located near the junction of State Highway 45 and North Greenlawn Boulevard. The 65-acre development will feature approximately 1 million square feet of mixed-use space, with local and national retailers, grocery, Class-A office, and medical tenants anticipated to fill the space. In addition, the developer plans to include at least 900 units of multifamily residential space and a hotel. Plans depict a highly walkable community, with “pocket parks” scattered throughout the development. The city of Round Rock plans to establish a public improvement district and provide a $10.8 million loan to further support the project. This property is listed in conjunction with Texas licensed real estate broker Delta Commercial.