Investment Overview

Heatherwilde Center is a fully stabilized, 14,455-square-foot retail center located in Pflugerville, Texas. The building is newer 2020 construction featuring a modern, multi-tenant layout that is well-suited for a variety of tenants, positioned on a 2.146-acre lot with ample parking. The asset is currently 100 percent leased to three tenants, including Swish Dental, CenTex Injury & Workers' Comp, and Mocha House. With 84 percent of the space occupied by medical tenants, the property benefits from stable, long term triple-net leases that include annual rent increases. Mocha House executed a new seven-year lease for the end cap suite, which features a drive-through window. Strategically positioned along high-growth Heatherwilde Boulevard in Pflugerville, one of Central Texas’s fastest-expanding suburban markets, this retail property benefits from strong regional traffic and dynamic area growth. The site sits within a well-established residential corridor with elevated daily traffic counts on Heatherwilde Boulevard and nearby TX-45 Toll, providing excellent visibility and consumer exposure. Major mixed-use and residential developments such as the 420-acre Lakeside Meadows project and 130 Crossing office/industrial development are advancing just south of Highway 130, driving both daytime and resident spending power within minutes of the property. Pflugerville continues to attract new households with substantial population increases and a burgeoning school district serving over 25,000 students, enhancing local demand for daily-use retail and services. Nearby institutional and lifestyle retail, including a newly constructed Living Spaces store across the street from the subject property, anchors this vibrant node, with significant upside tied to continued market momentum and limited competing Class A retail within the immediate trade area. Additionally, the location benefits from foot traffic from adjacent schools such as Highland Park Elementary and Endeavor Montessori.