Lantern Lane Center | 2825 Hancock Dr
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Lantern Lane Center 2825 Hancock Dr
19,707 SF 100% Leased Retail Building Austin, TX 78731 For Sale
Investment Highlights
- One of a kind opportunity in the North Central submarket to acquire almost 1.5 acres in one of the most highly sought-after zip codes, 78731
Executive Summary
Colliers of Austin is pleased to offer 2825 Hancock Drive for sale for the first time in over five decades. The site spans 1.47 acres (64,033 SF) of relatively flat land, nestled at the intersection of the highly sought-after neighborhoods of Highland Park West, Allendale, and Rosedale. The site improvements include 19,707 SF (TCAD) of retail and office space separated into 13 suites, currently occupied by 4 tenants who make up ~32.95% of the building footprint. The site provides tenants with over 70 parking spaces, easily accessible through two curb cuts on Hancock Dr.
The property’s current structure and strategic location make it an ideal opportunity for repositioning or redevelopment, promising substantial returns for visionary stakeholders. Hancock Drive. The site boasts over 295 feet of frontage along Hancock Drive, providing excellent visibility and monument signage for tenants seeking maximum exposure. The site stands alone as the largest single tract of commercial land of this kind currently available in the North Central Submarket.
The property’s current structure and strategic location make it an ideal opportunity for repositioning or redevelopment, promising substantial returns for visionary stakeholders. Hancock Drive. The site boasts over 295 feet of frontage along Hancock Drive, providing excellent visibility and monument signage for tenants seeking maximum exposure. The site stands alone as the largest single tract of commercial land of this kind currently available in the North Central Submarket.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
19,707 SF
Building Class
C
Year Built/Renovated
1967/1978
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
1.47 AC
Zoning
LO
Parking
70 Spaces (3.55 Spaces per 1,000 SF Leased)
Frontage
295 ft on Hancock Drive
Amenities
- Pylon Sign
- Signage
Bike Score ®
Very Bikeable (72)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 124367 | Improvements Assessment | $559,049 CAD |
Land Assessment | $2,551,761 CAD | Total Assessment | $3,110,810 CAD |
PROPERTY TAXES
Parcel Number
124367
Land Assessment
$2,551,761 CAD
Improvements Assessment
$559,049 CAD
Total Assessment
$3,110,810 CAD
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Lantern Lane Center | 2825 Hancock Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.