Real Estate
Prime Retail Space - Hwy 290 W Austin
A "best location" - located half way between the "Y" in Oak Hill and the new Belterra Village Shopping Center.
With retail lease rates and terms that cannot be beat - TWO LEASE SPACES AND ONE PAD SITE available.
see available lease spaces and pad site info below.
Hello!
Southwest Retail Center has excellent direct Hwy 290 frontage and great visibility from 290 - located on hilltop
Over 200 new residences within a two mile radius.
41,000 VPD
A quality group of present tenants already leasing in Southwest Retail Center
Two Lease Spaces and an adjacent Pad Site for "Stand Alone" Retail Store
1800 s.f. rectangular
PARTIALLY RENOVATED
NEEDS COMPLETION
$24 /s.f. base rent plus TIA
2300 s.f fully operational restaurant on end cap
PRESENT FULL KITCHEN RESTAURANT
MANY POSSIBILITIES
$28/s.f. base rent
PAD SITE on other side of sign
Approx. 1.27 acres
AWAITING DEVELOPMENT
$910,000
PAD SITE
BEFORE CLEARING
HILLTOP LOCATION
$910,000
A RECENT SURGE OF NEW HOMES, TOWNHOMES, CONDOS AND APARTMENTS WITHIN TWO MILE RADIUS - HERE ARE THE RECENT DATA SHOWING WHY THIS PROPERTY IS A PRIME LOCATION:
HWY 290 WEST ROAD CONSTRUCTION IS COMPLETE
TxDOT's $677 million Oak Hill Parkway reconstruction of US 290 West and SH 71 is complete. According to TxDOT, the western limit of the project is at Ledgestone Terrace, approximately one-half mile east of Southwest Center. No highway construction is planned in front of or immediately adjacent to the property.
Southwest Center remains directly accessible from Highway 290. There is no median barrier in front of the property. Westbound traffic can turn directly into the center from the center turn lane, while eastbound traffic has direct access to the property.
STRONG 3-MILE DEMOGRAPHICS
Within a three-mile radius of Southwest Center:
- 19,782 residents
- 8,244 households
- $138,866 median household income
- $669,714 median home value
- 66% of adults have a bachelor’s degree or higher
- 58% of households earn more than $100,000 annually
- 28% of households earn more than $200,000 annually
- Approximately $1.36 billion in aggregate annual personal income
- Only 3.3% housing vacancy
These demographics provide a strong customer base for national retailers, restaurants, medical users and local service businesses.
SOUTHWEST CENTER - 9521 HWY 290 WEST
Southwest Center is a hilltop retail property with direct Highway 290 frontage, located at the corner of Derecho Road and Highway 290, approximately halfway between the Oak Hill “Y” and Belterra Village.
Highway 290 is the primary corridor connecting Austin and Dripping Springs and serves one of the area’s fastest-growing residential markets.
AVAILABLE SPACE & PAD SITE
Three opportunities are currently available and are priced slightly below market:
- 1,800 SF Retail Space - Rectangular, partially renovated suite offered at $24/SF base rent, plus a negotiable tenant-improvement allowance.
- 2,300 SF End-Cap Restaurant Space - Offered at $28/SF base rent.
- 27-Acre Pad Site - Hilltop site with direct Highway 290 frontage, offered for $910,000.
Current Southwest Center tenants include a family dental practice, Baylor Scott & White clinic, and Baylor Scott & White rehabilitation facility.
PROPERTY INFORMATION & TOURS
For the complete five-page property flyer or additional information, contact:
Charles Jahnke, Broker
AustinCommercialRE.com
Call or text: 737-767-0685
Email: charles@austincommercialre.com
Property tours are available by appointment. Please contact the listing broker to arrange a mutually convenient time.
SIGNIFICANT NEARBY RESIDENTIAL GROWTH
Substantial new residential development is occurring within approximately one mile of Southwest Center.
The Terrace - 140 Luxury Townhomes, Approximately 0.75 Mile West of Property
The Terrace at 9601 Ledgestone Terrace, developed by Endeavor Real Estate Group and managed by Greystar, is a new 140-unit Hill Country townhome community consisting of 28 three-story buildings.
The two- and three-bedroom homes range from approximately 1,430 to 1,708 SF and include private fenced yards, patios and direct-access garages. Community amenities include a resort-style pool, fitness center, co-working lounge and dog park.
The project represents approximately 200,000-240,000 SF of new residential space. Base rents are approximately $2,924-$3,224 per month. Leasing is underway, with new residents arriving during 2026 and 2027.
Sonora - Approximately 1.7 Miles East
Greystar is also delivering Sonora, another nearby residential community approximately 1.7 miles east of Southwest Center. The development includes approximately 92 rental and for-sale homes.
Cedar Ridge Estates - Directly Behind the Property
Immediately behind Southwest Center is approximately 10.4 acres within Cedar Ridge Estates, in the Flintrock Circle/Ledgestone Terrace area.
Estate-style lots are being offered at approximately $349,000, while existing homes in the subdivision are valued at more than $1 million, reflecting the area’s concentration of higher-income households.
Broker - Hyde Park International Properties and Austin CommercialRE.com
Office, Broker, Brokerage Company
Hyde Park Int'l Properties dba AustinCommercialRE.comH Charles Jahnke, Broker
1401 Lavaca #194, Austin, Tx 78701
Phone Number
+1 512 888 1542
Business Hours
24/ 7 / 365
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