Downtown Historic Office
For Lease
Contact for pricing
114 W 7th St, Austin, TX 78701
Leasing office space is available at Norwood Tower, a historic downtown building near the State Capitol.
Property Size15,730 SF
Days on Market1901
Property Features for 114 W 7th St
General Information
Standard status
Active
Size
15,730 SF
Property subtype
OFFICE
Listing Agency:
Equitable Commercial Realty (ECR)
(512) 505-0004
Listed By:
Jason Steinberg · License #535355
Source:
Moodyscre
Added: May 17, 2021
Changed: Jul 25
Last Checked: Jul 30 at 12:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equitable Commercial Realty (ECR)
Investment Insights
Based on property information with market context.
Norwood Tower at 114 W 7th St offers available space for lease within a historic downtown office building that is described as combining historic character with modern flair.
The building is positioned as part of Austin’s vital downtown business environment and is stated to be within walking distance of the State Capitol. While the property was previously at capacity, Norwood Tower now has space available for new tenants seeking an address in a longstanding local landmark.
The building is positioned as part of Austin’s vital downtown business environment and is stated to be within walking distance of the State Capitol. While the property was previously at capacity, Norwood Tower now has space available for new tenants seeking an address in a longstanding local landmark.
Key Highlights
- Leasing office space available at Norwood Tower, a historic downtown Austin building
- Located within walking distance of the State Capitol
- Building is part of downtown Austin business life and has available space to lease
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
12,293
Businesses Nearby
Explore this area
Business Placement
Demographics for 78701, TX
11,625
Population
8,021
Households
1.4
Avg Household Size
38
Median Age
81%
College-Educated
96%
High-School Grad
1.5 sq mi
ZIP Area
7,750
Density / Sq Mi
$154,867
Median Household Income
$106,932
Median Earnings
$2,732
Median Rent
$653,600
Median Home Value
Market
Lease Benchmarks for Austin, TX
$30.45 /SF/Yr
Avg Asking Price
$21–$47 /SF/Yr
Price Range
38,644 SF
Avg Space Size
This space is priced 12% above the average of $30.45 /SF/Yr.
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Leasing office space is available at Norwood Tower, a historic downtown building near the State Capitol.
Where is this office building located?
The property is located at 114 W 7th St Austin, TX.
What is the lease rate?
The lease rate is $34 SF/Yr.
What are key features of this property?
This property features: Leasing office space available at Norwood Tower, a historic downtown Austin building; Located within walking distance of the State Capitol; Building is part of downtown Austin business life and has available space to lease
