7th & Gonzalez
Retail
Marketing description
Jones Lang LaSalle Capital Markets Group (“JLL”) has been exclusively
engaged by the owners to offer potential buyers the opportunity
to purchase 7th & Gonzalez (the “Property” or “Site”), a ±0.35-acre
development Site that is currently improved with two restaurants, a 1,621
SF restaurant, and a 1,592 SF restaurant on the infill east side of Austin,
Texas. Strategically located on the high growth 7th Street corridor between
Pedernales & Calles Streets, this Site is located in the heart of Austin’s
thriving east side. Major roads including 7th street, Pleasant Valley, Calles
Street, Airport Boulevard, Cesar Chavez, and East 5th Street provide easy
access to the eastern part of Austin’s core. Surrounded by culturally vibrant
and rapidly redeveloping neighborhoods, this property presents a unique
opportunity to tap into the burgeoning demand for residential and retail
developments in the immediate area.
Investment highlights
INVESTMENT HIGHLIGHTS
PROSPEROUS ALONG EAST 7TH STREET
• Capitalize on the exceptional visibility and accessibility, attracting a steady flow of more than 20,000 daily
commuters along East 7th Street.
• Near or in close proximity to new or recent developments including The Martin Apartments, Lirica Apartments,
2422 East 7th Street Office, 7th & Concho Hotel, 7East Apartments and more.
RETAILER’S RETREAT IN A BOOMING CORRIDOR
• Solidify a presence in the heart of a vibrant and thriving retail corridor, along one of the main thoroughfares into
Austin’s Central Business District.
• Join the ranks of esteemed national and local brands that have already established their success in this bustling
area.
DYNAMIC NEIGHBORHOOD GENTRIFICATION
• With the entire east side of Austin gentrifying, this area is rapidly changing with new developments such as Plaza
Saltillo, the East 6th, and East 7th corridors and more in the near vicinity.
• As of January 2026, the 78702 housing market shows strong, positive momentum with the median home sale
price rising 6.4% year-over-year to $662,500. Additionally, the market is active, with the number of homes sold
increasing by 43.1% compared to last year, indicating high demand for the area. Home values are projected to
keep increasing throughout the area as new homes are built and older homes are renovated.
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