Market at Lake Creek – Austin, TX

Fitness Connection, Goodwill, O'Reilly Auto Parts, Restore, Taco Bell
13770 North Highway 183, Austin, TX, USA

Sands Investment Group is pleased to exclusively offer for sale the 203,071 SF Market at Lake Creek, located at 13770–13802 N Highway 183 in Austin, TX. The property features an attractive tenant roster consisting of established food & beverage, medical/wellness, and fitness concepts, designed to generate recurring daily traffic. The surrounding trade area benefits from average household incomes exceeding $145,000 and average home values exceeding $550,000. Strategically positioned at the signalized, high-traffic intersection of US-183 and Lake Creek Parkway, the property is located in a dense retail corridor with limited available land for new construction. The center is surrounded by prominent national retailers, including Target, Walmart, Sam’s Club, and Lowe’s, as well as dense residential development, further supporting the property’s strong visibility and customer base.

  • Highly Affluent Demographics: Average household incomes exceeding $145K and average home values exceeding $550k within the surrounding trade area.
  • Service-Oriented Tenant Mix: Attractive roster featuring established food & beverage, medical/wellness, and fitness concepts designed to drive recurring daily traffic.
  • Long-Term, Credit-Backed Anchors: Goodwill Industries (30,418 SF), Fitness Connection (52,212 SF), and Habitat for Humanity ReStore (29,566 SF) anchor over 55% of GLA on long-dated leases.
  • Irreplaceable Infill Austin Location: Strategically positioned at the signalized, high-traffic intersection of US-183 and Lake Creek Parkway, the property is located in a dense retail corridor with limited available land for new construction.
  • Strong Visibility & Accessibility: Frontage along Highway 183 with traffic counts exceeding 148,395 VPD connecting to Highway 45.
  • Surrounded by Major Regional Traffic Generators: Market at Lake Creek is ~1 mile from the 1.1-million SF Lakeline Mall, anchored by Dillard’s, Macy’s, JCPenney and AMC Theatres, and is minutes from Walmart Supercenter, Sam’s Club, Target, H-E-B plus!, Lowe’s and The Home Depot.
  • Proximity to Northwest Austin’s Technology Employment Corridor: The property benefits from convenient access to major employment campuses along Parmer Lane, including Apple’s rapidly expanding Austin campus, which was designed to accommodate up to 15,000 employees, as well as Electronic Arts and other prominent technology employers like Apple.
  • For full financials and pricing click here. 

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

Fitness Connection, Goodwill, O'Reilly Auto Parts, Restore, Taco Bell
13770 North Highway 183, Austin, TX, USA

Goodwill

Goodwill Industries International, Inc. is a premier North American non-profit community enterprise that funds job training programs, employment placement services, and community outreach through a vast retail network of thrift stores and donation centers. Goodwill operates on a unique social-enterprise model: donated consumer goods (clothing, household items, electronics) are processed and sold at value-oriented price points, directly funding vocational training, disability support, and workforce development programs.

Fitness Connection

Fitness Connection is a U.S.-based fitness club operator founded in 1999 and focused on providing affordable, high-value gym memberships with full-service amenities. The company offers extensive strength and cardio equipment, group fitness classes, personal training, women’s workout areas, basketball and racquetball facilities, saunas, and Kids Club services, with amenities varying by location. Fitness Connection currently operates clubs across Texas, North Carolina, Nevada, and Georgia, according to its current location directory.

O’Reilly Auto Parts

O’Reilly Auto Parts is a leading U.S.-based automotive aftermarket parts retailer, founded in 1957 and headquartered in Springfield, Missouri. The company specializes in providing high-quality auto parts, tools, accessories, and professional services for cars, trucks, and SUVs. O’Reilly operates a large network of stores across the United States, with additional locations in Mexico and Canada, and serves both individual customers and professional repair shops. The company is known for its knowledgeable staff, competitive pricing, and commitment to customer service.

Taco Bell

Taco Bell Corp., a subsidiary of Yum! Brands, Inc. (NYSE: YUM), is the world’s leading Mexican-inspired quick-service restaurant (QSR) chain. Known for high-volume drive-thru operations, value menu innovation, and strong late-night business, Taco Bell serves over 2 billion customers annually and remains a cornerstone QSR tenant in major commercial hubs.

P. Terry’s Burger Stand

P. Terry’s Burger Stand is an Austin, Texas–based fast-food restaurant chain founded by Patrick and Kathy Terry in 2005. The company specializes in fresh, all-natural burgers, hand-cut fries, milkshakes, baked goods, and other affordable menu items. P. Terry’s has built its brand around classic 1950s-style burger stands, quality ingredients, customer service, and community involvement. In June 2026, the company transitioned to an Employee Ownership Trust, benefiting approximately 1,800 employees.

Habitat for Humanity

Habitat for Humanity is a global nonprofit housing organization founded in 1976. It works with families, volunteers, communities, and partners to build, repair, and finance affordable homes. Habitat operates across more than 60 countries, including all 50 U.S. states, and has helped more than 65 million people improve their living conditions since its founding.

ThunderCloud Subs

ThunderCloud Subs is an Austin-based, locally operated sandwich restaurant founded in 1975 by Andy Cotton and John Meddaugh. The brand specializes in fresh, made-to-order sandwiches and has built a longstanding presence throughout Central Texas. ThunderCloud currently operates locations across Austin and surrounding communities, including San Antonio, San Marcos, New Braunfels, Dripping Springs, Georgetown, Round Rock, and Cedar Park. The company’s corporate office owns and operates 14 locations, including the ThunderCloud Subs location at 13776 N Highway 183, directly within the Market at Lake Creek.

TSAOCAA

TSAOCAA is a premium tea and bubble tea brand founded in 2018, offering freshly brewed teas, fruit teas, milk teas, and specialty beverages made with a focus on natural ingredients and high quality tea. The brand has expanded rapidly across the United States and currently operates 80+ locations nationwide, with additional stores under development. TSAOCAA has three Austin locations, including its North Austin store at 13776 N Highway 183, Suite 105, within Market at Lake Creek.

 

Price

Contact Broker

Cap Rate

6.97%

PREMISES

203,071 SF

YEAR BUILT

1976

YEAR RENOVATED

2000

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