For Sale
$20,000,000

500 East Ben White Blvd Austin, TX 78704

Prime Austin location, high-traffic, strong tenant mix.

Overview

Added:
Jan 29
Days on market:
90
The Abby at Ben White, located at 500 East Ben White Blvd, Austin, TX 78704, presents a compelling investment opportunity. This 49,211 square foot retail center sits on a rare 5.9-acre parcel, offering significant future redevelopment potential. Currently 100% occupied with a strong tenant mix including national brands like GameStop, Subway, and T-Mobile, as well as a high-performing Cabo Bob's. The property benefits from its shadow-anchored position next to Austin's top-performing Walmart, ensuring high visibility and traffic. The surrounding area boasts phenomenal demographics, with a 347,708 population within a 5-mile radius, a projected 64% annual population growth rate within 1 mile between 2023-2028, and a median household income of $113,620 within 5 miles. Its strategic location off S. Congress Avenue, near Highways 290 and I-35, provides exceptional accessibility with high daily traffic counts. Proximity to St. Edward's University (2,769 students) and William B. Travis High School (1,249+ students) further enhances its appeal. The property is also conveniently located just 7 miles from Austin-Bergstrom International Airport. The asking price is $20,000,000, representing a compelling value considering the land size and location, especially given the city's updated parking code. This property offers a unique blend of immediate income generation and long-term redevelopment potential in a rapidly growing Austin market.

Highlights

  • Shadow-anchored by Austin's top-performing Walmart, boasting high traffic counts and proximity to downtown.
  • 5.9-acre parcel offers redevelopment potential near downtown Austin, currently generating strong cash flow.
  • Prime location near major highways (290 & I-35), S. Congress Ave, and Austin-Bergstrom International Airport.

Property Details for 500 East Ben White Blvd

Property type
Retail properties
Square Feet
49,211 SF
Price / Square Foot
$406.41
Year Built
2006
Buildings
1
Stories
2
Elevators
N/A
Lot Size (sq. ft)
257,004 SF
Net Operating Income
$1,218,672

Location Insight

City
Austin
County
State
Texas

FAQs

What type of property is this?
Retail property - Prime Austin location, high-traffic, strong tenant mix.
Where is the retail property located?
The property is located at 500 East Ben White Blvd Austin, TX.
What is the asking price?
The asking price for this property is $20,000,000.
What are key features of this property?
This property features: Shadow-anchored by Austin's top-performing Walmart, boasting high traffic counts and proximity to downtown.; 5.9-acre parcel offers redevelopment potential near downtown Austin, currently generating strong cash flow.; Prime location near major highways (290 & I-35), S. Congress Ave, and Austin-Bergstrom International Airport.
How can I contact the broker?
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500 East Ben White Blvd
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