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Single Tenant

1.27 Acre Prime Redevelopment Opportunity

1715 W Whitestone Blvd, Leander, TX 78641

Listing Price: $1,110,000

Lot Size
1.27 acres
Price/Acre
$874,016
Land Type
Redevelopment

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 1.27 acre redevelopment opportunity in Leander, TX. The property has frontage on West Whitestone Boulevard, a major thoroughfare anchored by 1890 Ranch Shopping Center, a 900,000-square-foot open-air retail center featuring Walmart Supercenter, Target, and Costco. H-E-B owns more than 42 acres of land directly across the street. Leander, part of the Greater Austin MSA, is one of the fastest-growing cities in the U.S. It is currently the third-largest city in Williamson County and is experiencing rapid growth. The city’s population is projected to reach 130,000 by 2040.

Investment Highlights

  • 1.27 Acre Redevelopment Opportunity in the Greater Austin, TX MSA
  • Near the Signalized Hard Corner of West Whitestone Boulevard and South Lakeline Boulevard (44,322 VPD)
  • More Than 175,220 Residents Within a Five-Mile Radius
  • In-Place Lease Could Minimize Carry Costs for an Investor (See Agents for Details)
  • 2.6 Miles to an Upcoming $400M Nebraska Furniture Mart-Anchored Development
  • Rapidly Growing Market – 56 Percent Population Growth Since 2010 With an Additional 11 Percent Growth Projected Within the Next Five Years (Five-Mile Radius)

Exclusively Listed By

Single Tenant

1.27 Acre Prime Redevelopment Opportunity

Listing Price: $1,110,000

Lot Size
1.27 acres
Price/Acre
$874,016
Land Type
Redevelopment

Investment Highlights

  • 1.27 Acre Redevelopment Opportunity in the Greater Austin, TX MSA
  • Near the Signalized Hard Corner of West Whitestone Boulevard and South Lakeline Boulevard (44,322 VPD)
  • More Than 175,220 Residents Within a Five-Mile Radius
  • In-Place Lease Could Minimize Carry Costs for an Investor (See Agents for Details)
  • 2.6 Miles to an Upcoming $400M Nebraska Furniture Mart-Anchored Development
  • Rapidly Growing Market – 56 Percent Population Growth Since 2010 With an Additional 11 Percent Growth Projected Within the Next Five Years (Five-Mile Radius)

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 1.27 acre redevelopment opportunity in Leander, TX. The property has frontage on West Whitestone Boulevard, a major thoroughfare anchored by 1890 Ranch Shopping Center, a 900,000-square-foot open-air retail center featuring Walmart Supercenter, Target, and Costco. H-E-B owns more than 42 acres of land directly across the street. Leander, part of the Greater Austin MSA, is one of the fastest-growing cities in the U.S. It is currently the third-largest city in Williamson County and is experiencing rapid growth. The city’s population is projected to reach 130,000 by 2040.

Exclusively Listed By

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