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Office Tower with 24/7 Security
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401 Congress Ave, Austin, TX 78701

33-story Class A tower offering suites with full-service amenities, fitness and conference space, and 24/7 lobby security.

Space Size3,718 SF
Days on Market1314

Property Features for 401 Congress Ave

General Information

Standard status Active
Size 3,718 SF
Class A
Property subtype OFFICE
Lease Type NNN

Amenities

fitness club
showers
saunas
lounge
conference facility
EV charging stations
secured bike storage
full-service banking facility
ATM
24-hour security
fiber optic communication
13 passenger elevators
1 freight elevator

Building Details

Stories 33
Tenancy Multi

Spaces For Lease

at 401 Congress Ave Contact us

Frost Bank Tower $15/SF/Yr

Floor
24
Size
3,718 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
Yes
- Incredible downtown views - Plug-n-play sublease - Furniture negotiable - Open...
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Listing Agency: HPI Real Estate Services & Investments - Austin
Listed By: Jeff Pace
Source: Moodyscre
Added: Feb 14, 2023 Changed: Sep 2 Last Checked: Sep 20 at 11:18AM

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 HPI Real Estate Services & Investments - Austin

Investment Insights

Based on property information with market context.

A distinctive 33-story Class A office tower at 401 Congress Ave, known for its pyramidal crown. Suites are available within a range of approximately 18,000 to 27,000 square feet per floor, with access to building-wide amenities including a fitness club with showers and saunas, an 11th-floor lounge, and a 40+ person conference facility.

The building is equipped with EV charging stations and secured bike storage, and includes a full-service banking facility and ATM. On-site uniformed security guards manage the lobby-concierge desk 24 hours a day, 7 days a week.

Additional features include fiber optic communication and elevator service with 13 passenger elevators plus 1 freight elevator.

Key Highlights

  • 33‑story Class A tower with floor sizes from 18,000 SF to 27,000 SF
  • 5,500 SF fitness club with showers and saunas
  • 3,925 SF 11th‑floor lounge plus 40+ person conference facility

Property Analytics

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Current Use

Modern Market Eatery ... Restaurant EVALTEQ Medical Clinic Mills Jeffrey Law Firm SoulCycle Downtown Austin Gym & Fitness Center Hipcricket (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Butcher Mobile Phone Store (Bike/Boat/Book/etc) Store Pet Grooming Service Fish Market 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,876
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

$25.57 /SF/Yr
Avg Asking Price
$1.04–$104 /SF/Yr
Price Range
17,518 SF
Avg Space Size

This space is priced 41% below the average of $25.57 /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 - 33-story Class A tower offering suites with full-service amenities, fitness and conference space, and 24/7 lobby security.
Where is this office units located?
The property is located at 401 Congress Ave Austin, TX.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 33‑story Class A tower with floor sizes from 18,000 SF to 27,000 SF; 5,500 SF fitness club with showers and saunas; 3,925 SF 11th‑floor lounge plus 40+ person conference facility
(512) 538-1040 Call to check price and availability
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