Best Retail Space for Lease in West Lake Hills
West Lake Hills, is a vibrant suburb with a small but affluent population, located in the South of Austin. It is considered to be an upscale suburb, with top quality schools and some of the highest property prices in the state.
It can be categorized as a white collar suburb, with a relatively high average income. Of particular note is the high number of college educated residents in Westlake. Significant employment sectors in the area are science and technology.
The local economy in Westlake is strong and growing, with a consistent increase in new residents which is driving development. These higher than average salaries mean that residents have a high disposable income. This spending supports many thriving retail and service precincts.
Types of Commercial Retail Lease Space:
Retail Spaces in West Lake, Texas
The Village at West Lake
At the heart of this upscale suburb is The Village, which plays host to some of the most well known specialty stores in the city. This is complemented by a HEB supermarket, which acts as the main anchor tenant.
The property is a total of 220,000 square feet, with many spaces available that are suited to small to medium retailers or service providers. Being on the busy intersection of Highway 360 and Bee Caves Road ensures a significant volume passing traffic.
The Village is currently managed by the Madison Marquette group.
Shops at Mira Vista
This small, boutique shopping mall is strategically placed on Bee Cave Road. Within a short distance is Austin’s thriving CBD, as well as the University of Texas.
Shops at Mira Vista has total retail space of 68 340 square feet and has well known retailer Trader Joe’s as one of the anchor tenants. With a massive 220 000 people within a three mile radius during daytime hours, this mall sees a lot of customer foot traffic. Regency Centers manage this property.
Barton Creek Square
Barton Creek Square is a massive shopping complex that draws shoppers from all over Austin due to the high quality and variety offered across it’s 180 retail stores.
At 1 430,000 square feet, this is without a doubt the largest enclosed mall in Austin. Key anchor tenants include AMC cinemas, JC Penny, Nordstrom, Dillard’s and Sears. With more than 7,000 car parks right on the intersection of the MoPac Expressway and Highway 360, this is many locals shopping mall of choice. The center is managed by the Simon Property Group.
Office Spaces in West Lake, Texas
1901 Capital Parkway
Having just gone through a full renovation, this office space is right in the middle of the action. Right next to Barton Creek Square and less than 10 minutes from the center of Austin, it is in the perfect location.
1901 Capital Parkway has a total of 19,569 square feet of office space available, with the largest possible contiguous space being 13,736 square feet. The two story facility is fully wired with fiber optics by AT&T, which offers business unrivaled connectivity. Fitting signage on the building exterior is possible and would offer high visibility. The Aquila property group manages this property.
Brodie Oaks Professional
Located in one of the greenest areas of West Lake, this well appointed two story building could be the perfect home for your business.
Offering a total of 37,546 square feet of office space with amazing views, this is a large facility that can cater to any size business. There are a large number of amenities within walking distance and there is also easy access from the MoPac Expressway. Equitable Commercial Realty manage and operate Brodie Oaks Professional.
Warehouse Spaces in West Lake, Texas
With its proximity to the center of Austin and the high land values, there are no significant industrial warehouse spaces in West Lake. Contact us and let us know what you’re looking for and we’ll match you with a property that suits your needs.
Medical Spaces in West Lake, Texas
The Overlook at Rob Roy
This Class office space within striking distance to the center of Austin is one of the best options for medical offices in the West Lake area.
The Overlook spans 110 000 square feet and boasts modern styling along with a stunning view of Austin’s greenest areas. With spaces from 222 to 2 553 square feet available, this site is suitable for professionals of all types. Covered parking and easy access to Bee Cave Road makes it easy for you and your clients to reach The Overlook by car. Local company Equitable Commercial Realty manage the facility.
Local economic data for Westlake, Texas
Here is the most up to date economic data for Westlake:
- Population: West Lake is a small suburb with low density single family dwellings. The total population is 3,063.
- Occupations: 36% of residents work in science and technology and 11% in healthcare. Other notable employment sectors include finance and education.
- Education: 83% of West Lake residents have a college education, which is higher than the national average.
- Income: The average per annum income for a West Lake resident is $98,000 and the median household brings in $162,000.
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