Mixed-Use Retail Space
For Lease
Contact for pricing
1611 West 5th Street, Austin, TX 78703
Ground floor retail in high-end urban development, Austin, TX.
Space SizeContact for details
Days on Market282
Property Features for 1611 West 5th Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE - Austin
(512) 482-5597
Listed By:
Will Majors
(512) 482-5597
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 17
Last Checked: Aug 30 at 3:06PM
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.
This property offers ground floor retail space within a high-end, mixed-use urban development. The location serves both the downtown office market and the high-income west Austin community. The retail space is situated below 150 apartment units. Free retail parking is available on the first floor of a dedicated retail parking garage. Direct access is provided via Mopac Expressway and West 5th Street.
Key Highlights
- High‑end, mixed‑use urban development.
- Serves both the vibrant downtown office market and high‑income west Austin community.
- Direct access via Mopac Expressway and West 5th Street.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,056
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 70%
Shops & Services 30%
Galaxy Cafe
Dining
4,884 visits/mo
0.4 miles
Public Storage
Shops & Services
1,500 visits/mo
0.2 miles
The UPS Store
Shops & Services
558 visits/mo
0.3 miles
Demographics for 78703, TX
22,194
Population
12,237
Households
1.8
Avg Household Size
38
Median Age
84%
College-Educated
99%
High-School Grad
5.6 sq mi
ZIP Area
3,963
Density / Sq Mi
$144,637
Median Household Income
$80,622
Median Earnings
$2,217
Median Rent
$1,353,500
Median Home Value
Market
Lease Benchmarks for Austin, TX
$21.82 /SF/Yr
Avg Asking Price
$7.62–$70.24 /SF/Yr
Price Range
7,722 SF
Avg Space Size
Vacancy Rate% for Retail in Austin, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Ground floor retail in high-end urban development, Austin, TX.
Where is this retail space located?
The property is located at 1611 West 5th Street Austin, TX.
What are key features of this property?
This property features: High‑end, mixed‑use urban development.; Serves both the vibrant downtown office market and high‑income west Austin community.; Direct access via Mopac Expressway and West 5th Street.
