100% Occupancy – Strong Tenant Mix

• The Abby at Ben White has enjoyed high occupancy since it was built in 2006
• Subject property is currently 100% occupied with a strong tenant mix
• High sales at this original location for Cabo Bob’s, a Mexican QSR based in Austin
• Other national tenants include Gamestop, Subway and T-Mobile

Future Redevelopment Opportunity – 5.9 Acre Parcel at Low Price PSF

• At $77 psf, this income producing property can be acquired at or below where vacant land is trading near downtown Austin
• Excellent opportunity to acquire a future redevelopment at a low price psf while maintaining cash flow

Rare Large Land Parcel Near Downtown Austin

• Large 5.9 acre parcel ideally located just 3 miles from downtown Austin provides any future owner a rare opportunity with several options
• The City of Austin has done away with their parking code which is great for land value/developers

**EMAIL ED@INVESTCORECOMMERCIAL.COM TO SIGN AND RETURN A CONFIDENTIALITY AGREEMENT FOR ACCESS TO THE PROPERTY FINANCIALS INCLUDING RENT ROLL AND INCOME EXPENSE STATEMENT

PROPERTY HIGHLIGHTS:

Shadow Anchored By #1 Walmart In Austin

• The subject property sits next to the highest performing Walmart in Austin, and is the closest Walmart to Downtown
• This trade area includes several other national tenants and traffic generators including Home Depot just north of the subject property
• Surrounded by several hotels including Aloft Austin South, Austin Marriott South, Wyndham Garden Austin, Homewood Suites by Hilton Austin, Hampton Inn Austin – all within 1 mile

Phenomenal Demographics

• 347,708 population in 5-mile radius
• 64% annual population growth rate projected between 2023 – 2028 in 1-mile radius
• 2023 median age of 31.6
• $113,620 household incomes in 5-mile radius
• 17% average household income growth rate projected between 2023 – 2028

Well Located Off S. Congress Ave Near Two Major Highways

• Ideally located off S. Congress Avenue, a major thoroughfare through Austin with 37,760 cars per day
• Tremendous accessibility due to its location fronting Highway 290 with 160,302 cars per day, and is just blocks from Interstate 35 with 206,645 cars per day

Proximity to St. Edward’s University and William B. Travis High School

• Property benefits from its location near St. Edwards University with 2,769 students enrolled (2022)
• William B Travis High School, a major high school for the area, has 1,249+ students enrolled and a traffic generator for the property

Austin-Bergstrom International Airport

• The Abby at Ben White is conveniently located just 7 miles from Austin International Airport