1022 Payton Gin

Positioned in the heart of Austin, Texas, the area surrounding this property presents a prime opportunity for retailers. With its close proximity to Navarro High School with more than 1,500 students and a population of over 336,000 within a 5-mile radius, this rapidly growing area presents an exciting opportunity for retail and street retail investors. Easy access to North Lamar Blvd, HWY 183, and a bustling local community further enhances the appeal of this sought-after location.- The property is 7,263 square foot neighborhood services retail center currently 100% leased with well rounded and stable tenant mix. The building sits on approximately 0.854 acres of land and is zoned LR-NP (Neighborhood Commercial-Neighborhood Plan Combining District). - The property is situated on the west side of Payton Gin Road, less than 1,500 feet from intersection of Payton Gin Rd and North Lamar Boulevard, and less than a mile to HWY 183. - The rents are below market rate. - There is opportunity to increase rental income by repositioning tenants.