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Plaza Balcones 5501-5517 Balcones Dr 3,200 SF of Retail Space Available in Austin, TX 78731
HIGHLIGHTS
- Pylon signage available
- Shadow anchored by Randall's, Starbucks, Chase Bank, and Bank of America
- Easy access to Mopac, Loop 360, FM 2222, and US-183
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5501B | 3,200 SF | 1-12 Years | $44.65 CAD/SF/YR $3.72 CAD/SF/MO $142,868 CAD/YR $11,906 CAD/MO | Triple Net (NNN) |
5501-5525 Balcones Dr - 1st Floor - Ste 5501B
Space is in shell condition with restrooms in place.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space faces Randall's and Mopac
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT PLAZA BALCONES
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Independence Title
- Real Estate
- 108
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Independence Title | Real Estate | 108 | National |
PROPERTY FACTS
| Total Space Available | 3,200 SF | Frontage | 300’ on Balcones |
| Center Type | Strip Center | Gross Leasable Area | 27,274 SF |
| Parking | 60 Spaces | Total Land Area | 1.41 AC |
| Stores | 2 | Year Built | 1971 |
| Center Properties | 1 |
| Total Space Available | 3,200 SF |
| Center Type | Strip Center |
| Parking | 60 Spaces |
| Stores | 2 |
| Center Properties | 1 |
| Frontage | 300’ on Balcones |
| Gross Leasable Area | 27,274 SF |
| Total Land Area | 1.41 AC |
| Year Built | 1971 |
ABOUT THE PROPERTY
Grocery anchored shopping center in central Austin with excellent visibility to Mopac, RR 2222, and Balcones Dr. Plaza Balcones serves the dense, high-income neighborhoods to the west of the center. It also serves as a regional option because the easy access from Mopac and 2222.
- Banking
- Courtyard
- Pylon Sign
- Restaurant
NEARBY MAJOR RETAILERS
Presented by
Plaza Balcones | 5501-5517 Balcones Dr
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