3601 W William Cannon Dr | Austin, TX 78749
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3601 W William Cannon Dr
Austin, TX 78749
Southcross Plaza - Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Pad building to the Southcross Plaza Shopping Center, a 63,112 SF retail shopping center
- Walgreens exercised their 1st option period in 2018 and has expressed interest in exercising their 2nd option, showing their long-term commitment
- Perceived as below market rents
- Signalized corner location
- Dense and affluent demographics, with a population of over 260,116 and a household income of over $82,169 in a 5 mile radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,905 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.37 AC
Parking
250 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 511576 | Improvements Assessment | $4,118,135 |
| Land Assessment | $612,135 | Total Assessment | $4,730,270 |
PROPERTY TAXES
Parcel Number
511576
Land Assessment
$612,135
Improvements Assessment
$4,118,135
Total Assessment
$4,730,270
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