The subject property is prominently situated with excellent visibility and frontage adjacent to Interstate 35 (139,695 AADT) in Austin, Texas, with both the pylon sign and building façade visible to highway traffic. The site benefits from robust demographics with a population of 192,495 within a five mile radius and an annual rate of more than 5% within one mile of the property since 2014. Average household income within a mile of the site exceeds $75,961. The site benefits from a strong retail & office location adjacent to numerous major shopping centers. The property is located across from the Southpark Meadows power center, with anchor tenants including Walmart Supercenter, Sam’s Club, and Super Target. Other major tenants in the center include Hobby Lobby, Rooms To Go, Ashley Furniture Homestore, Conn’s HomePlus, Ross, Bed Bath & Beyond, Best Buy, Marshalls, JoAnn Fabrics, PetSmart, Bealls, Ulta Beauty, Dollar Tree, Boot Barn, and more. The center is home to more than 100 retail tenants and over 1,000,000 square feet of retail space. Other major retail tenants neighboring the site include Walgreens, CVS, the Home Depot, Academy Sports + Outdoors, H-E-B, Lowe’s Home Improvement, and more. In addition, the site benefits from an easily accessible location just 11 miles south of Downtown Austin and 12 miles from the Austin Bergstrom International Airport. In addition, the site is adjacent to the planned $8.1 billion IH-35 expansion project, which will add additional lanes, high capacity bus service, and transportation infrastructure intended to reduce traffic congestion through the corridor.