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LEED Gold Certified Office Space
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1401 Philomena St, Austin, TX

Modern office space with parking garage and energy-efficient features.

Property Size3,052 SF
Lot Size1.92 Acres
Days on Market1260

Property Features for 1401 Philomena St

General Information

Standard status Active
Size 3,052 SF
Lot size 1.92 Acres
Property subtype OFFICE
Listing Agency: Transwestern | Austin
Listed By: Hunter Jones
Source: Moodyscre
Added: Feb 17, 2023 Changed: Jul 6 Last Checked: Jul 21 at 6:09AM

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 Transwestern | Austin

Investment Insights

Based on property information with market context.

This office space features a connected parking garage with 559 spaces, providing a ratio of 4.32 spaces per 1,000 square feet. The building incorporates high-efficiency dual-pane vision glass within an aluminum mullion system. A natural gas generator, rated at 150 Ekw, is included. Provisions are in place for a future emergency generator, with space on the garage roof and a natural gas meter location already provided. The building is equipped with 400-ton RTU units located on the roof and utilizes DDC Sigler controls. A garage connectivity bridge is located on Level 4. The garage is electric vehicle ready, and the roof is solar energy ready. The building is an Austin Energy Green 3-star building and is LEED Gold certified. It was also a 2023 Tilt-up Award winner. The finished ceiling height ranges from a minimum of 12 feet to a maximum of 15 feet. The property is a 3,052 square foot space available for rent.

Key Highlights

  • LEED Gold Certified building.
  • Connected Parking Garage with 559 spaces and 4.32/1,000 SF ratio.
  • Austin Energy Green 3‑star Building.

Property Analytics

Current Use

GROW Pediatrics And Adolescent ... Pediatrician Gemdale Office Bldt Corporate Office

Suggested Use

Top Pick Electrical Service HVAC Service Computer & Electronic Repair Accounting Firm (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,794
Businesses Nearby

Market

Lease Benchmarks for Austin, TX

$26.46 /SF/Yr
Avg Asking Price
$0.61–$104 /SF/Yr
Price Range
14,750 SF
Avg Space Size

This space is priced 44% above the average of $26.46 /SF/Yr.

Vacancy Rate% for Office in Austin, TX

9.1% 2019
17.1% 2020
18.7% 2021
21.8% 2022
27.1% 2023
29.8% 2024
29% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Modern office space with parking garage and energy-efficient features.
Where is this office units located?
The property is located at 1401 Philomena St Austin, TX.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: LEED Gold Certified building.; Connected Parking Garage with 559 spaces and 4.32/1,000 SF ratio.; Austin Energy Green 3‑star Building.
(512) 314-3571 Call to check price and availability
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