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12625 N Interstate 35 121,880 SF Vacant Retail Building Austin, TX 78753 For Sale
Investment Highlights
- Limited to No Box Availability in Submarket
- Ample space for various types of Businesses
- Retail and Employment Hub
- Dock High Doors: 4 Clear Height:19-22’
Executive Summary
CBRE IP Retail Austin, along with the National Retail Partners, is pleased to offer the opportunity to acquire the fee simple interest in a portion of the former Sears Grand in north-central Austin. Located at the northeast corner of east Parmer Lane and Interstate 35, the property is comprised of a 121,880 square foot building (per CAD) with clear heights of 19 to 22 feet, an awning for drop-off and pick-up, and four dock-high doors in the rear. The building is constructed of tilt concrete wall, precast and brick facade with metal awning. The roof is TPO with access for mechanical on the roof. The parking lot is mostly asphalt with approximately 437 parking spaces (3.8:1,000 parking ratio).
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
121,880 SF
Building Class
B
Year Built
2007
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.25
Lot Size
11.29 AC
Zoning
CO-CH
Parking
437 Spaces (3.59 Spaces per 1,000 SF Leased)
Frontage
308’ on N Interstate 35
Amenities
- Freeway Visibility
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Man Tasand Supermarket
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Man Tasand Supermarket | Retailer | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 728108 | Improvements Assessment | $1,277,676 CAD |
| Land Assessment | $2,281,257 CAD | Total Assessment | $3,558,933 CAD |
Property Taxes
Parcel Number
728108
Land Assessment
$2,281,257 CAD
Improvements Assessment
$1,277,676 CAD
Total Assessment
$3,558,933 CAD
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12625 N Interstate 35
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