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Investment Highlights

  • Repositioning Opportunity
  • Strong Demographics
  • Strategic Location

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire or lease a building formally operated by Outback Steakhouse located at 11600 Research Boulevard in Austin, Texas (the “Property”). The freestanding, single tenant Outback consists of a 6,176 square-foot building on a 2.12-acre parcel of land. Outback has 5+ years remaining on their Triple Net Lease. This location is dark; Outback has ceased operations but will continue to pay base rent and all operating expenses and will continue to maintain the premises for the remainder of their primary lease term (through 9/31/2031). The Property is exceptionally well located along Research Boulevard directly next to US Highway 183, one of Northwest Austin’s primary retail and commuter corridors. The site benefits from strong visibility, prominent frontage, and convenient access, and is positioned within a dominant trade area featuring a critical mass of national retailers, restaurants, and service providers. Nearby retail anchors include The Arboretum at Great Hills and The Domain, both of which serve as major shopping, dining, and employment hubs for the region. The Property is surrounded by established residential neighborhoods and large multifamily communities that provide a substantial built-in customer base and is located approximately 10 miles north of Downtown Austin, with convenient access to Loop 1 (MoPac Expressway) and Interstate 35.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,176 SF
Building Class
C
Year Built
1994
NOI
$284,088 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.12 AC
Zoning
GR, GR-CO, LO
Frontage
263’ on Research Blvd

Amenities

  • Freeway Visibility
  • Pylon Sign

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Outback Steakhouse
  • -
  • -
  • -
  • Sep 2031
Tenant Industry SF Occupied Rent/SF Lease End
Outback Steakhouse - - - Sep 2031
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

IHOP
Chuy's
Prosperity Bank
Rudy's BBQ
Carrabba's Italian Grill
Pappadeaux Seafood Kitchen
Chase Bank
Cadence Bank
Nathan's Famous-delivery Only

Property Taxes

Property Taxes

Parcel Number
360684
Land Assessment
$3,791,083 CAD
Improvements Assessment
$401,195 CAD
Total Assessment
$4,192,278 CAD
  • Listing ID: 40263383

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 11600 Research Blvd, Austin, TX 78759

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