Listing Agency: CBRE | Austin j***@cbre.com Show Phone

Listed By: John Barksdale Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 11 at 3:45PM

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Investment Insights

Based on property information with market context.

This office building offers 386,367 square feet of space available for rent. The property is located in Austin, Texas.

Key Highlights

• 386,367 square feet available for rent.
• Office building.

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Parking Lot & Garage Garden Center Locksmith

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

Location Intelligence

Trade Area within ½ mile

234

Businesses Nearby

Explore this area Business Placement

Demographics for 78753, TX

58,761

Population

25,345

Households

2.3

Avg Household Size

32

Median Age

35%

College-Educated

80%

High-School Grad

11.3 sq mi

ZIP Area

5,200

Density / Sq Mi

$62,334

Median Household Income

$38,278

Median Earnings

$1,447

Median Rent

$344,100

Median Home Value

Market

Lease Benchmarks for Austin, TX

$30.96 /SF/Yr

Avg Asking Price

$21–$47 /SF/Yr

Price Range

30,956 SF

Avg Space Size

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - Office building with 386,367 square feet available for rent.

Where is this office building located?

The property is located at 12931 Parmer Ridge Drive Austin, TX.

What are key features of this property?

This property features: 386,367 square feet available for rent.; Office building.