- For Sale $5,100,000
- Property Type Retail
- Property Size 13,183 SF
- Lot Size 0.44 Acre
- Zoning CS-CO-NP
- Date Updated May 6, 2026
Description
702 Shady Lane is a 13,183-square-foot retail building positioned on 0.44 acres in the heart of East Austin. The property was substantially improved in 2021 to accommodate Wanderlust Wine Co.’s vibrant self-pour wine concept and event space. The building features flexible floor plans, updated systems, and a large outdoor patio that aligns perfectly with East Austin’s social, experiential culture.
Current 10-year absolute NNN lease with Wanderlust (commenced June 2021)
2.5% annual rent escalations
Recent Improvements
New roof (flat section) installed in 2021
Sloped roof less than five years old, confirmed in good condition after professional inspection
Three new 10-ton commercial HVAC units added in 2021
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Contacts
Jason Faludi
Aquila Commercial
Ana Gonzalez
Aquila Commercial
Location
Located at 702 Shady Lane, Austin, TX 78702, this property is part of the Govalle neighborhood and Austin market.
Contact 702 Shady Lane
