The Shops at Bagdad Corner

1012 Municipal Drive, Leander, TX 78641

Property Information

  • For Sale Subject To Offer
  • Property Type Retail
  • Property Size 31,542 SF
  • Units 19
  • Lot Size 3.12 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2026
  • Date Updated May 12, 2026

Description

Located approximately 20 miles north of Austin, Leander has consistently ranked as one of the fastest-growing cities in the United States, with a population now exceeding 92,000. This popularity is driven by its high-quality Leander Independent School District (ISD), which serves over 42,000 students, and its strategic position within the "Texas Triangle". Residents benefit from a lower cost of living than downtown Austin while maintaining easy access to the capital via the CapMetro Rail and the 183A toll road. In 2025, Leander’s 78641 zip code was named the fourth most popular in the nation for inbound movers, reflecting a strong demand from young professionals and families seeking a balanced Hill Country lifestyle. The city's landscape is currently being transformed by massive commercial and mixed-use developments, most notably the Northline project. This nearly $1 billion, 116-acre "urban core" is designed to be a walkable destination featuring retail, dining, hotel, and civic spaces. Other major projects include the Leander Tech Park, which is introducing Class ‘A’ office spaces to the region, and several large-scale industrial centers like Cedar Tech and the 183 Commerce Center, both expected to deliver significant space by 2026. Retail growth is also accelerating, with a new $48 million development on Crystal Falls Parkway and a Sprouts Farmers Market planned for the near future. To accommodate its rapid expansion, Leander is heavily investing in critical infrastructure and utility modernization through 2026. The city is currently rolling out Advanced Metering Infrastructure (AMI) to replace older water meters with real-time digital systems, aiding in leak detection and conservation. Simultaneously, major capacity projects like the Bagdad Terminus Project are nearing completion, which will introduce approximately 14,000 feet of new water lines and a massive storage tank to ensure reliable service. Residents are also seeing significant public safety and transportation upgrades, including the Self Evaluation & ADA Transition Plan and the expansion of the Leander Police Department, which has grown to over 80 sworn officers to match the city's burgeoning population.Positioned at the Hard Corner at Bagdad Rd and Municipal Dr in Leander, Texas, the retail center enjoys a prime location just half a mile south of Hero Way and one mile west of Hwy 183. Nearby, the Nebraska Furniture Mart and Scheels project, both within 3 miles, draw in a steady flow of visitors, ensuring ample exposure for retail tenants. Additionally, the proximity to HEB Plus in Leander, less than one mile away, offers a convenient shopping destination for local residents. This strategic location places the retail center at the heart of a vibrant commercial and residential community, making it an ideal choice for retailers seeking high visibility and accessibility.Visualize your business at a Prime Location in Leander Texas in this Class A Neighborhood Retail Center, The Shops at Bagdad Corner. Rich in design quality, there is not an ounce of detail overlooked.

Contacts

Jared Vincent

St. Croix Capital Realty Advisors

Location

Contact Listing Broker
Jared Vincent

St. Croix Capital Realty Advisors

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