Hero Way and Lakeline
18 and 11. 5 Acres - Commercial Sites in High-Growth Leander Corridor
Marketing description
This site sits in the heart of Leander's major growth corridor, surrounded by thousands of rooftops and established national retailers including HEB Plus, Lowe's, CVS, McDonald's, Taco Bell, and Smokey Mo's, with additional traffic generators including the Capital Metro Leander Station, Austin Community College San Gabriel Campus, and St. David's Medical Center nearby.
The demographics here are compelling. The average household income ranges from $150,000 to $159,000 across all trade radii, with a 5-mile population of over 112,000 today projected to grow to nearly 130,000 by 2029. Traffic on Hero Way runs 6,686 VPD and Bagdad Road sees 12,040 VPD, with easy access to major highways serving the broader northwest Austin market.
Investment highlights
Two exceptional land parcels totaling approximately 29 acres are available for sale at the intersection of Lakeline Blvd and Hero Way in one of the Austin metro's fastest-growing corridors. The offering includes approximately 11.5 acres surrounding the newly developing Hero Way & Lakeline Retail Center and approximately 18 acres at the southwest corner of Lakeline Blvd and Hero Way, providing flexible opportunities for a variety of retail, commercial, or mixed-use development concepts.
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