13000 N Interstate 35 - Freestanding FOR SALE


Austin, TX 78753- Scofield Farms
$4,375,000 USD
210-253-6035
13000 N Interstate 35, Austin, TX for Sale
$4,375,000 USD
Freestanding - FOR SALE
1/10
null | 6.5% Cap Rate

13000 N Interstate 35
Austin, TX 78753
Scofield Farms


HIGHLIGHTS

  • Prime Location
  • Visibility
  • Complementary Tenant Mix
  • Value-Add Component
  • Population Growth
  • Superior Demographics

OVERVIEW

This property is strategically located in a prime retail corridor in Austin, near a top-ranking Walmart, offering excellent visibility with pylon signage along IH-35. The center features a strong tenant mix of internet-resistant businesses and restaurants, along with below-market rental rates that present value-add opportunities for future rent increases. The area has experienced significant population growth, with a 53% increase in households within a one-mile radius from 2010 to 2020, and boasts superior demographics, including an average household income of $114,317 within the same radius.

FOR SALE DETAILS

PRICE

$4,375,000 USD

PRICE/SF

$442 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Five Oaks Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

62

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

GR

APN/PARCEL ID

548500

ASK ABOUT THIS PROPERTY

210-253-6035

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210-253-6035

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