5400 Balcones Dr
Austin, TX 78731
Take 5 Oil | New Corp NNN | 400+ Unit Entity · Retail Property For Sale

The property is conveniently located on Balcones Drive, with excellent visibility and access to 12,260 vehicles per day. Located just south of Northland Drive (39,160 AADT), the property enjoys immediate access to Loop 1, a heavily trafficked highway with a traffic count of 145,273 vehicles per day near the property. The property is directly across from a Randalls grocery store and is within walking distance of several major retailers, including Starbucks, McDonald’s, 7-Eleven, Chase Bank, Massage Envy, AT&T, and FedEx. The property is also minutes from a number of large retail centers, featuring notable retailers such as Target, Walmart Supercenter, H-E-B, Lowe’s, Home Depot, CVS, Walgreens, Macy’s, Dollar Tree, and more. The property is centrally located just over four miles from downtown Austin and the University of Texas at Austin, a nationally ranked university with 51,331 students. Other nearby schools include Austin Community College Highland, with 6,000 students, and McCallum High School, with 1,740 students. Several large employers are located near the property, including Camp Mabry, with over 2,000 permanent personnel; the University of Texas at Austin, which employs 23,131 people throughout Greater Austin; and several high-tech companies, including Apple and IBM. The property further benefits from a large and extremely affluent customer base in the surrounding area. Approximately 355,000 daytime employees work and 293,884 residents live within a five-mile radius of the property. Additionally, the average household income within one mile of the property is $155,081.