Class AA Office at The
For Lease
Contact for pricing
12021 Alterra Parkway, Austin, TX 78758
Trophy office space with exceptional amenities in northwest Austin.
Space SizeContact for details
Days on Market281
Property Features for 12021 Alterra Parkway
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
CBRE | Austin
(512) 632-5575
Listed By:
Bo Beacham
(512) 632-5575
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 17
Last Checked: Aug 29 at 7:10AM
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 CBRE | Austin
Investment Insights
Based on property information with market context.
One Terra, situated in northwest Austin's Domain area, will offer over 500,000 square feet of Class AA trophy office space. The building's location at the entrance to The Domain provides high visibility from MoPac. Every floor includes private terraces. A 6,000 square foot fitness center, outdoor gathering spaces, and a 9th-floor amenity deck with an elevated pickleball court are among the wellness-oriented amenities. The property is designed to achieve LEED Gold, WELL Platinum, and Wired Score Platinum certifications. The Domain is a pedestrian-friendly destination featuring over 1,000,000 square feet of high-density retail, 100 upscale retail outlets and restaurants, and Rock Rose, known for its nightlife. The Domain also includes four on-site hotels and more than 800 residential units. It is easily accessible from MoPac, experiences less traffic than Downtown Austin, and offers ample parking.
Key Highlights
- Class AA trophy office space in The Domain, offering exceptional presence and visibility.
- Walkable access to The Domain's extensive retail, restaurant, and entertainment amenities.
- Private terraces on every floor.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,171
Businesses Nearby
Explore this area
Business Placement
Demographics for 78758, TX
49,831
Population
25,745
Households
1.9
Avg Household Size
32
Median Age
46%
College-Educated
85%
High-School Grad
9.1 sq mi
ZIP Area
5,476
Density / Sq Mi
$69,019
Median Household Income
$47,685
Median Earnings
$1,549
Median Rent
$419,300
Median Home Value
Market
Lease Benchmarks for Austin, TX
$29.87 /SF/Yr
Avg Asking Price
$21–$39 /SF/Yr
Price Range
31,535 SF
Avg Space Size
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 - Trophy office space with exceptional amenities in northwest Austin.
Where is this office building located?
The property is located at 12021 Alterra Parkway Austin, TX.
What are key features of this property?
This property features: Class AA trophy office space in The Domain, offering exceptional presence and visibility.; Walkable access to The Domain's extensive retail, restaurant, and entertainment amenities.; Private terraces on every floor.
