Retail•Street Retail•For Sale

The Deckhand Oyster Bar

500 Parker Drive, Austin, Texas 78728

Sale Price $3,400,000
Gross Bldg 4,021 SqFt
RBA 4,007 SqFt
Land Area 1.76 Acres
Market Austin
Deckhand Oyster Bar - North. NNN Lease & Land For Development SEQ of TX45 and IH35
  • Deckhand Oyster Bar & Seafood North is a very successful restaurant with a very strong 9-year track record. They offer a unique menu with oysters and seafood with a strong Thai influence.
  • Preliminary site plan from original build shows possibility of 5,200 SF second building on this site (buyer to verify).
  • Surrounded by corporate offices, hospital, medical offices and hotels including: Dell World Headquarters, Emerson Process Management, Houghton Mifflin Harcourt Regional Headquarters, St. David’s Surgical Hospital, Towneplace Suites Marriott (across the street), Austin Marriott North, Home 2 Suites, Holiday Inn Express Suites (across the street).
  • Excellent demographics with more than 87k residents with over $81,147 average household income and 70k+ daytime workers within 3 miles; over 266k residents with over $97,747 average household income and 133k+ daytime workers within 5 miles; with population projected to grow over 2% per year from 2019-2024.
  • Tenant is currently in a five-year lease renewal after their original 5-year lease.
  • Built as Fazzoli’s Italian restaurant with drive-thru.
  • Located in Austin, but near the city line with booming Round Rock!
11/19/2019 9:38:20 PM 12/18/2019 5:10:26 PM
Alan Rust, CCIM
Principal - Investment Sales
Retail Solutions
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