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South Austin Office Building
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2550 S Interstate 35, Austin, TX

Office building in South Austin with IH-35 frontage.

Property Size3,889 SF
Lot Size0.89 Acres
Days on Market744

Property Features for 2550 S Interstate 35

General Information

Standard status Active
Size 3,889 SF
Lot size 0.89 Acres
Property subtype OFFICE
Listing Agency: Equitable Commercial Realty (ECR)
Listed By: David Dawkins
Source: Moodyscre
Added: Jul 18, 2024 Changed: Jul 6 Last Checked: Jul 21 at 4:22AM

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.

The Wayne Wright office building, offering updated finishes and amenities, is situated along IH-35 in South Austin, a few miles south of Downtown Austin. The building features front door parking and monument signage. It provides easy access to IH-35, Oltorf St., Hwy 290/71, and St. Edwards Dr. The location benefits from a traffic count of over 200,000 cars per day on IH-35. Downtown Austin is approximately 5-7 minutes away, while Austin-Bergstrom International Airport is about 10 minutes away. The property is equidistant to several Austin metro suburbs, including the Round Rock/Pflugerville and Kyle/Buda areas. The building has on-site management and a parking ratio of 3.33 per 1,000 RSF. The property size is 3,889 square feet.

Key Highlights

  • High‑traffic location with IH‑35 frontage and over 200,000 cars/day.
  • Convenient access to major highways (IH‑35, Oltorf St., Hwy 290/71) and proximity to Downtown Austin (5‑7 minutes) and Austin‑Bergstrom International Airport (10 minutes).
  • Ample parking with a ratio of 3.33 per 1,000 RSF and front door parking.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Dental Office (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Pet Grooming 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
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,114
Businesses Nearby

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 46% below the average of $30.45 /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 building - Office building in South Austin with IH-35 frontage.
Where is this office building located?
The property is located at 2550 S Interstate 35 Austin, TX.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: High‑traffic location with IH‑35 frontage and over 200,000 cars/day.; Convenient access to major highways (IH‑35, Oltorf St., Hwy 290/71) and proximity to Downtown Austin (5‑7 minutes) and Austin‑Bergstrom International Airport (10 minutes).; Ample parking with a ratio of 3.33 per 1,000 RSF and front door parking.
(512) 505-0022 Call to check price and availability
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