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Hero Plaza Retail Center
12621 W Hero Way, Leander, TX
Property Information
Price Summary
$ 10,765,150
Cap Rate
6 %
NOI
$ 645,909
Total Lot Size
3.52 Acres
Building Size
22,319 SF
Property Highlights
- Multi-Tenant Investment Opportunity in Thriving Leander, TX
- Situated on Hero Way W Just Past Bagdad Road, Offering High Visibility and Direct Frontage
- Within Walking Distance of 238-Unit Luxury Apartments, Ensuring Built-In Foot Traffic and Customer Base for Retail Tenants
- Surrounded by Existing and Future Residential Developments Including The Retreat, YardHomes, Rosenbusch Ranch, and Hermosa Village Apartments
- Rapidly Growing Population of 127K+ Within 5 Miles, With 14.36% Growth Projected Over the Next 5 Years
- Affluent 5-Mile Trade Area With $164K+ Average Household Income
- Located in Leander, One of the Fastest-Growing Cities in the U.S., and Part of the Greater Austin Metro
- Hero Plaza Retail Center
- 12621 W Hero Way, Leander, TX 78641
Point of Contact
Cale Powers
Associate Director
Matthew Simmons
Associate Director
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