Anna Plaza 2 Retail Properties in Austin, TX

Anna Plaza presents the opportunity to acquire a fully leased neighborhood retail center positioned within one of Northwest Austin’s most established retail corridors. The property is located at the intersection of FM 620 and US 183, providing visibility and accessibility within a major commercial node anchored by regional retailers including Lowe’s, Walmart, Target, Sam’s Club, and Lakeline Mall. The surrounding area benefits from significant residential density and a large consumer base, supporting long-term retail demand.
The center consists of approximately 55,528 square feet situated on 6.11 acres and is 100% leased to a diverse tenant roster. A recently executed five-year lease with Urban Air contributes to occupancy stability while the property's location adjacent to major destination retailers helps generate consistent consumer traffic. The combination of established tenancy and a mature retail trade area offers investors current income with exposure to future growth opportunities.
Anna Plaza's positioning within a high-barrier-to-entry submarket enhances its investment appeal. The property is surrounded by multiple apartment communities and established residential neighborhoods, creating a substantial customer base for retailers. Ownership may have the opportunity to enhance value through exterior and cosmetic improvements that could support future rental growth and increased net operating income. With stable occupancy, strong retail fundamentals, and a location within one of Austin's most active retail corridors, Anna Plaza offers a compelling opportunity for investors seeking a stabilized asset with value-add potential.