Grand Avenue Center - Pflugerville, TX 1100 Grand Avenue 13,150 SF 100% Leased Retail Building Pflugerville, TX 78660 $6,912,500 CAD ($525.67 CAD/SF)

Sands Investment Group is pleased to exclusively offer for sale the Grand Avenue Center, a 13,150 SF shopping center located in the northeast quadrant of the Austin MSA. Built in 2003, the property sits on a 1.94-acre parcel with a generous parking ratio of 68 spaces (5/1,000 SF). The center is 100% leased to a diverse mix of nine internet-resistant, service-oriented tenants. With rents well below market, the property provides investors with both stable cash flow and significant upside potential through future rent growth.
The Grand Avenue Center is located in Round Rock, one of Austin’s fastest-growing submarkets and a major technology hub. The property benefits from excellent regional connectivity with convenient access to Austin-Bergstrom International Airport, downtown Austin, I-35 (165,081 VPD), and SH-45 (70,000 VPD).
Strategically positioned at the corner of Grand Avenue Parkway and Royston Lane, the center enjoys strong daily traffic counts of 38,428 VPD and proximity to major employers and demand drivers, including Dell Corporate Headquarters, Dell’s Parmer South Campus, Pflugerville High School, La Frontera Shopping Center, and the planned $200M mixed-use development “The District.” This offering represents a rare opportunity to acquire a stabilized, well-located neighborhood shopping center in a high-growth Austin corridor with built-in upside.

In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481