3711 Guadalupe St
Austin, TX 78705
Retail Property For Sale

• Below Market Rents: The average rental rate at Guadalupe Infill Strip is only $11.89 psf, while like-kind product in the immediate trade area is leasing from $25.00 to $38.00 psf. • Rare Infill Asset: This is a high pride of ownership location. The Property is situated on the hard corner of Guadalupe St and E 38th St., less than 1 mile from the University of Texas campus. • Great Redevelopment Opportunity: Gatti’s Pizza’s lease expires in 2018 and Good Luck Food Mart’s lease expires in 2020. This is a great opportunity for a new owner to repurpose the spaces and bring rents up to market. • High Traffic Corridor: The Property is located just down Guadalupe St from the main retail hub for the University of Texas known as The Drag. Between Guadalupe St and E 38th St., more than 60,000 vehicles pass the Property daily. • Access and Visibility: The Property is located at the lighted intersection of Guadalupe St and E 38th St. and has direct points of entry from both streets. • Tremendous Trade Area with High Growth: The population within a three mile radius of the Property has grown by 22.37% since 2010, and it is expected to continue to grow an additional 11.03% over the next five years. Within a three mile radius of the Property there are 158,529 residents increasing to an astounding 381,289 residents within five miles.