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Versatile Space Near Anderson Mill
For Lease
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12702 Sherbourne St, Austin, TX 78729

Approximately 2000 sq ft, ideal for office or retail.

Space Size2,000 SF
Days on Market819

Property Features for 12702 Sherbourne St

General Information

Standard status Active
Size 2,000 SF
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 2,000 SF
Tenancy Single

Spaces For Lease

at 12702 Sherbourne St Contact us

Space 1

Size
2,000 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
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Listing Agency: PSG Real Esatate Services
Listed By: Giby Parackal · License #TX 623268
Source: Crexi
Added: May 14, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:29AM

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 PSG Real Esatate Services

Investment Insights

Based on property information with market context.

This property offers approximately 2000 square feet of space available for lease, suitable for office or various professional uses. The location is highly visible from Anderson Mill Road. The interior features laminated and vinyl floors throughout. The property includes storage built-ins. The lot is enhanced by large, mature trees and provides ample parking space. It presents a fantastic opportunity for multiple use potential. The property is located close to the Apple campus and offers proximity to Highway 183 and Parmer Lane, making it suitable for corporate offices.

Key Highlights

  • Approximately 2000 sq. ft. of lease space suitable for office or professional use.
  • Highly visible location on Anderson Mill Rd.
  • Proximity to Apple campus, Hwy 183, and Parmer Ln.

Property Analytics

Current Use

PSG Info Biz, ... (Bike/Boat/Book/etc) Store Shekinah Global Media Television Studio Joyful Journeys Montessori High School Christina's Smile Charitable Organization PSG Real Estate ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Grocery & Convenience Store Electrical Service Nursing Home Parking Lot & Garage

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,099
Businesses Nearby

Demographics for 78729, TX

31,829
Population
15,717
Households
2
Avg Household Size
35
Median Age
61%
College-Educated
97%
High-School Grad
9.8 sq mi
ZIP Area
3,248
Density / Sq Mi
$81,589
Median Household Income
$54,271
Median Earnings
$1,613
Median Rent
$434,500
Median Home Value

Market

Lease Benchmarks for Austin, TX

$25.37 /SF/Yr
Avg Asking Price
$0.61–$104 /SF/Yr
Price Range
14,424 SF
Avg Space Size

This space is priced 5% below the average of $25.37 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Approximately 2000 sq ft, ideal for office or retail.
Where is this office units located?
The property is located at 12702 Sherbourne St Austin, TX.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Approximately 2000 sq. ft. of lease space suitable for office or professional use.; Highly visible location on Anderson Mill Rd.; Proximity to Apple campus, Hwy 183, and Parmer Ln.
More about this property
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