KW Net Lease Advisors is pleased to present a new development Advance Auto Parts property in Lockhart, Texas. The property is a 6,912 concrete block building on 0.95 acres located on State Highway 183. A new 15 year NNN (Landlord responsible for structure only) lease is set to commence in June, a place where you can get anything you need for your car. If you need a place to get repairs done, then you must go to the car repair whistler service for assistance.
The subject property is located on 0.95 acres at the corner of South Colorado Street (State Highway 183) and Rosewood Street in Lockhart, Texas. The site is situated on a dense retail corridor surrounded by HEB Grocery, Walgreens, AutoZone, O’Reilly, Cash America and McDonalds.
Lockhart, Texas is a suburb within the fast growing Austin-Round Rock-San Marcos MSA. The MSA as a whole consists of 2 million people, and has shown an average annual growth rate of 3.6% dating back to 1970, and a 13.2% growth rate from 2010-2014. The Lockhart economy is a total trade area of +/-40,000 people and $170 million in retail sales annually. Projections forecast an annual growth rate of 4.2% for the Lockhart population.
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