2505 E. Riverside Drive
Austin, Texas 78741
O’Reilly’s Auto Parts is a 7,400 square foot, single tenant building located at 2505 East Riverside Drive, just west of the intersection of Pleasant Valley and Riverside Drive, between Taco Cabana and a future development parcel. Situated on a bluff, the building has excellent views of downtown Austin and benefits from its proximity …Learn more about this FourT Realty property
1500 E. Whitestone Blvd (F.M. 1431)
Cedar Park, Texas 78613
Starwood Oaks on F.M. 1431 is a 13,000 square foot, multi-tenant retail project currently under construction and pre-leased to Denver Mattress, Five Guys Burgers & Fries, and Masala Wok. The site is located across the street from 1890 Ranch and located between a to-be-built Panera Bread and Live Oak Plaza …Learn more about this FourT Realty property
1468 Whitestone Blvd (F.M. 1431)
Cedar Park, Texas 78613
Live Oak Plaza on F.M. 1431 is a 12,775 square foot, multi-tenant retail project that is home to Torchy’s Tacos, PhoNatic, Southern Charm Salon & Spa, Arbor Floors and Family Dental Care of Cedar Park. The site is located across the street from 1890 Ranch and benefits from its proximity to …Learn more about this FourT Realty property
2150 East Palm Valley (Hwy 79)
Round Rock, Texas 78665
2150 East Palm Valley is a 10,890 square foot, multi-tenant retail project leased to Torchy’s Tacos, Zenith Massage, Great Clips, Arbor Floors and Pacific Dental. The site is located on the northeast corner of the East Palm Valley (Hwy 79) and A.W. Grimes (F.M. 1460) intersection, and benefits from its proximity …Learn more about this FourT Realty property
3701 Guadalupe Street
Austin, Texas 78705
3701 Guadalupe is a 7,000 square foot, multi-tenant retail project featuring Calla Florist, Dr. Root Dentistry, Body Brite, Wildside and TitleMax. The site benefits from its visibility from the 38th and Guadalupe intersection and its access from both Guadalupe and 37th Street. The center draws people from Hyde Park, the UT campus and the Seton …Learn more about this FourT Realty property
9511 North Lamar Austin, Texas 78753
Payless Shoesource occupies a 4,050 square-foot building located at the southeast corner of Rutland Drive and North Lamar in North Austin. As a pad site located in front of the Northwend Shopping center and across from a 77,000 square foot recently remodeled HEB grocery store, the property benefits from excellent visibility and its location …Learn more about this FourT Realty property
2501 East 7th Street Austin, Texas 78702
This 5,100 square-foot center located on the southeast corner of East 7th and Pedernales Streets, approximately one block west of Govalle Shopping Center anchored by HEB Grocery, underwent a complete remodel in early 2011 and was 100% leased to Stop Financial Insurance, H&R Block, Domino’s Pizza and Boost Mobile when sold in 2014.Learn more about this FourT Realty property
10009 North Lamar Austin, Texas 78753
Built in 2009, Lamar Point is a 6,100 square-foot retail center 100% leased to Northpark Family Dental, Fred Loya Insurance and Approved Money Center. The center has 22 parking spaces and enjoys excellent visibility from North Lamar (over 43,000 VPD). This property was sold in November of 2010.Learn more about this FourT Realty property
FourT Realty, LLC is a real estate investment and asset management firm located in Austin, Texas. Started in early 2010 by a father daughter team, Tom and Taylor Terkel, FourT Realty seeks value-add investment opportunities in central Texas retail projects that create sustainable business marketplaces which can deliver reasonable investor returns without reliance on market appreciation.
PROJECT OBJECTIVES: FourT identifies retail assets that are i) underleased, either by virtue of vacancy or rental rates, ii) in submarkets that are stable to upwardly trending – ideally areas on the verge of rejuvenation, or iii) in need of updating, or some other rehabilitation. We underwrite a stabilization period of two to three years, accepting modest returns in the short term for solid long term results.
GEOGRAPHIC FOCUS: FourT focuses within central Texas with particular emphasis on modest trade area demographics and stable or established retail submarkets. We believe that Austin will continue to grow substantially, perhaps even continue to double in size every 20 years, and that well located and actively managed retail projects will appreciate substantially in value over the next ten years.
WHICH PROJECTS: FourT focuses on corner locations in established sub markets which can provide essential neighborhood services and goods to the surrounding neighborhoods. Co-tenancy, curb cuts and access, building orientation, depth and visibility – all of these components are critically important to a successful retail center. FourT can control these variables through our acquisition criteria and our involvement in the selection and placement of tenants. Well conceived, well executed and well located retail projects weather economic downturns far better than other asset classes which are more susceptible to market fluctuations.
HOW WE DEFINE SUCCESS: When we create successful retail and service business environments that deliver dependable annual returns in the low double digit range, we have been successful. We focus on the stability and the success of our tenants which leads to reliable cash-on-cash returns for our investors.
For more information about our firm, please contact Tom Terkel or Taylor Terkel at (512) 590-7737