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Vacant-User

Vacant Value Add Infill Austin, TX

11617 Research Blvd, Austin, TX 78759

Listing Price: $4,250,000

Gross SF
7,661
Rentable SF
7,661
Price/Gross SF
$554.76
Lot Size
1.70 acres
Year Built
2001

Investment Overview

Vacant former restaurant property with Open Dining Area, Private Dining Areas, Upstairs Dining Area (676 square feet), Wrap Around Bar, 12 Tap System with Dedicated Cooler, Two Oyler Pits, Large Dishwash Room, Outstanding ADA Restrooms, Large Grease Trap, Multiple Vent Hoods with Ansel System, Walk-in Coolers, and Walk-in Freezers. Nestled in the heart of Central Texas, Austin has been named the #1 place to live in the U.S. for 2017 by U.S. News & World Report, as well as #1 on the 2017 “Next Biggest Boom Town in the U.S.” list by Forbes. Austin is now the 11th largest city in the U.S. and is the fastest growing city by a wide margin of the 25 largest cities. The city’s vibrant entertainment, music, and art scene has earned Austin the title of the “Live Music Capital of the World.” Austin is home to 250 music venues as well as major music festivals including the South by Southwest music and film festival held each March and the Austin City Limits music festival held each September. The booming music industry in Austin benefits the city with thousands of jobs and hundreds of millions of dollars of music tourism revenue.

Investment Highlights

  • Freestanding Vacant Value Add Restaurant Property in Prime Austin, Texas Location
  • 7,661 Square Feet of Restaurant Space with Two Floors, Patio, and Pit Room
  • 265,867 Residents in Growing Trade Area - Infill Austin
  • Minutes from Apple's New $1 Billion Campus - Expected to Employ 15,000 People and Make Apple the Largest Private Employer in Austin
  • Adjacent to Hilton Garden Inn
  • Close Proximity to Apple's Corporate Austin Offices (6,200 Employees)
  • Surrounded by Major National Retailers - Outback Steakhouse, IHOP, Carrabba's Italian Grill, and More
  • Excellent High Visibility Location Along US Highway 183 (Over 182,757 Cars per Day)

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Vacant-User

Vacant Value Add Infill Austin, TX

Listing Price: $4,250,000

Gross SF
7,661
Rentable SF
7,661
Price/Gross SF
$554.76
Lot Size
1.70 acres
Year Built
2001

Investment Highlights

  • Freestanding Vacant Value Add Restaurant Property in Prime Austin, Texas Location
  • 7,661 Square Feet of Restaurant Space with Two Floors, Patio, and Pit Room
  • 265,867 Residents in Growing Trade Area - Infill Austin
  • Minutes from Apple's New $1 Billion Campus - Expected to Employ 15,000 People and Make Apple the Largest Private Employer in Austin
  • Adjacent to Hilton Garden Inn
  • Close Proximity to Apple's Corporate Austin Offices (6,200 Employees)
  • Surrounded by Major National Retailers - Outback Steakhouse, IHOP, Carrabba's Italian Grill, and More
  • Excellent High Visibility Location Along US Highway 183 (Over 182,757 Cars per Day)

Investment Overview

Vacant former restaurant property with Open Dining Area, Private Dining Areas, Upstairs Dining Area (676 square feet), Wrap Around Bar, 12 Tap System with Dedicated Cooler, Two Oyler Pits, Large Dishwash Room, Outstanding ADA Restrooms, Large Grease Trap, Multiple Vent Hoods with Ansel System, Walk-in Coolers, and Walk-in Freezers. Nestled in the heart of Central Texas, Austin has been named the #1 place to live in the U.S. for 2017 by U.S. News & World Report, as well as #1 on the 2017 “Next Biggest Boom Town in the U.S.” list by Forbes. Austin is now the 11th largest city in the U.S. and is the fastest growing city by a wide margin of the 25 largest cities. The city’s vibrant entertainment, music, and art scene has earned Austin the title of the “Live Music Capital of the World.” Austin is home to 250 music venues as well as major music festivals including the South by Southwest music and film festival held each March and the Austin City Limits music festival held each September. The booming music industry in Austin benefits the city with thousands of jobs and hundreds of millions of dollars of music tourism revenue.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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