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1200 E 11TH ST Austin TX 78702

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Details
Property Type Retail
Sub Type Storefront
Building SqFt 520
Year Built 2009
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******
Days on Market ******
Latitude 30.2689
Longitude -97.7275

Property History

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Property Type
Property Type
Retail
Property Subtype
Storefront
Marketing Description

Marcus & Millichap is pleased to offer for sale the retail condominium located at 1200 E 11th Street, Unit 105, Austin, Texas 78702. This 520 SF retail condo is situated in the mixed use East Village development, which was built in 2009.

Box Boyz (the Tenant) has occupied the space since 2023 and recently extended their NNN lease until 2030, demonstrating their commitment to the site. BoxBoyz have 4 locations in the Austin area. The rental amount increases yearly, providing a hedge against inflation for a new buyer.

The property is situated off the corner of E 11th Street and Lydia Street in the heart of East Austin. The area is extremely walkable and is located near Austin staples such as Quickie Pickie, Paperboy, Hillside Farmacy, Vintage Bookstore, and more. The site is also proximate to Hutson Tillotson University. Nearby growth and demographics are strong - a 21.2 percent population increase was recorded between 2020-2025 with an average household income of $137,161, both within a mere mile of the site.

This offering would be an excellent investment opportunity for an investor who is looking for a bite-sized deal to place capital in one of Austin's hottest submarkets via a long-term, NNN lease.

Investment Highlights
  • Recently Extended NNN Lease - Demonstrating Commitment to the Site
  • Excellent Location - Off the Corner of E 11th Street and Lydia Street in the Heart of East Austin
  • Strong Growth and Demographics - 21.2 Percent Population Increase Recorded Between 2020-2025 with an AHHI of $137,161 (1 mi radius)

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
JB
Joseph Blanga PRO
•••.•••.5937
••••••.••anga@•••••••••••••••.com
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Comparable Properties

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Rental Market Overview

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Austin, TX median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Austin, TX (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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