Listing Agency: CBRE | Austin

Listed By: Carson Hawley Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 24 Last Checked: Sep 7 at 6:05AM

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Investment Insights

Based on property information with market context.

A 4,229-square-foot flex/industrial property is available for rent in Austin, Texas.

Key Highlights

• Flex/Industrial space
• Available for rent
• Located in Austin, Texas

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store HVAC Service Furniture & Home Goods Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

2,980

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 78705, TX

36,535

Population

12,519

Households

2.9

Avg Household Size

23

Median Age

80%

College-Educated

99%

High-School Grad

2.1 sq mi

ZIP Area

17,398

Density / Sq Mi

$30,336

Median Household Income

$10,994

Median Earnings

$1,520

Median Rent

$627,900

Median Home Value

Market

Lease Benchmarks for Austin, TX

$22.23 /SF/Yr

Avg Asking Price

$3.02–$65.48 /SF/Yr

Price Range

11,754 SF

Avg Space Size

Vacancy Rate% for Industrial in Austin, TX

7.5% 2019

5.7% 2020

3.9% 2021

4.3% 2022

9.1% 2023

13.3% 2024

21.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Flex/Industrial space available for rent in Austin, Texas.

Where is this flex space located?

The property is located at 500 West Martin Luther King Junior Boulevard Austin, TX.

What are key features of this property?

This property features: Flex/Industrial space; Available for rent; Located in Austin, Texas