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Class A Office Building
For Lease
$30 SF/Yr

504 Lavaca Street, Austin, TX 78701

Class A, LEED Gold office building offering recently remodeled common areas and on-site property management.

Space SizeContact for details
Days on Market53

Property Features for 504 Lavaca Street

General Information

Standard status Active
Class A
Property subtype Office

Amenities

LEED Gold Certified
recently remodeled common areas
on-site property management
Listed By: John Gump
Source: Cbre
Added: Jul 24 Changed: Sep 8 Last Checked: Sep 13 at 5:12AM

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 John Gump

Investment Insights

Based on property information with market context.

Lavaca Plaza is a Class A office building with LEED Gold certification. The property includes recently remodeled common areas, on-site property management, and new Class A improvements.

The building is located in the heart of the Central Business District at 504 Lavaca, Austin, TX. It sits across from Republic Park and is near Lady Bird Lake and the Hike and Bike Trail.

Lavaca Plaza is also highlighted by a 4.0 parking ratio per 1,000 square feet, supporting convenient on-site parking for building tenants.

Key Highlights

  • Class A office building at 504 Lavaca in the Central Business District
  • LEED Gold certification
  • Parking ratio of 4.0 per 1,000 SF

Property Analytics

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Current Use

METROPOLIS PARKING Parking Lot & Garage Chase Mortgage Loan Service JY Air Duct ... HVAC Service The O'Toole Law Firm, ... Law Firm CONTAX, Inc. SAP ... IT Consulting Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Tanning Salon Fish Market Adult Day Care Farmer's Market

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

10,782
Businesses Nearby

Demographics for 78701, TX

11,625
Population
8,021
Households
1.4
Avg Household Size
38
Median Age
81%
College-Educated
96%
High-School Grad
1.5 sq mi
ZIP Area
7,750
Density / Sq Mi
$154,867
Median Household Income
$106,932
Median Earnings
$2,732
Median Rent
$653,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Austin, TX

$32.33 /SF/Yr
Avg Asking Price
$21–$54 /SF/Yr
Price Range
28,093 SF
Avg Space Size

This space is priced 7% below the average of $32.33 /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
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Frequently Asked Questions

What type of property is this?
Office building - Class A, LEED Gold office building offering recently remodeled common areas and on-site property management.
Where is this office building located?
The property is located at 504 Lavaca Street Austin, TX.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Class A office building at 504 Lavaca in the Central Business District; LEED Gold certification; Parking ratio of 4.0 per 1,000 SF
More about this property
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