Super Shops | 8315 Burnet Rd
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Super Shops 8315 Burnet Rd
7,023 SF 100% Leased Retail Building Austin, TX 78757 $3,272,000 ($466/SF)
Investment Highlights
- This property is a well located, well-built asset with steady cash flow in near central Austin.
- Ownership recently resurfaced the parking lot, added curb stops and a few other improvements.
- This type of asset is extremely hard to find. Few retail assets transact along this corridor, this is a great opportunity to own part of Burnet Road.
Executive Summary
Located at 8315 Burnet Road, this strip center is positioned just north of the major intersection of Anderson Road and Burnet Road. This area is currently undergoing urban renewal, particularly with the redevelopment of the former Northcross Mall. Riverside Resources and its partners plan to enhance the neighborhood by constructing an apartment complex and renovating outdated office buildings. West Anderson Plaza features strong tenants such as Terra Toys, Hopdoddy Burgers, and Bartlett’s, and is slated for future redevelopment. The property benefits from East/West access via Steck Avenue and Ohlen Road, providing convenient routes to MoPac Expressway and Hwy 183. Nearby retailers include Dairy Queen, Austin Infiniti, and many others.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,023 SF
Building Class
C
Year Built/Renovated
1980/2012
Price
$3,272,000
Price Per SF
$466
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.50 AC
Zoning
CS-1-NP,CS-NP
Parking
32 Spaces (5.18 Spaces per 1,000 SF Leased)
Frontage
173 FT on Burnet
Amenities
- Pylon Sign
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (80)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 246009 | Improvements Assessment | $126,581 |
Land Assessment | $1,518,160 | Total Assessment | $1,644,741 |
PROPERTY TAXES
Parcel Number
246009
Land Assessment
$1,518,160
Improvements Assessment
$126,581
Total Assessment
$1,644,741
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Super Shops | 8315 Burnet Rd
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