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Office Building with Courtyards
For Lease
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1200 W 5th St, Austin, TX 78703

Office building with ground-level retail and multiple outdoor courtyards, terraces, and decks for tenant use.

Space Size43,459 SF
Days on Market1126

Property Features for 1200 W 5th St

General Information

Standard status Active
Size 43,459 SF
Elevators Yes
Property subtype OFFICE

Additional Details

Space Use Office

Amenities

ground level lobby and retail
green-filled courtyards
private outdoor decks
flexible outdoor spaces
shaded community terrace
refined office lobby
onsite security
concierge services
state of the art conference room
office elevator lobby
gathering areas
ultramodern fitness center
luxurious locker rooms

Spaces For Lease

at 1200 W 5th St Contact us

1200 W 5th St

Floor
4
Size
43,459 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Fifth & walsh’s upscale, yet welcoming, atmosphere perfectly reflects austin’s...
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Listing Agency: Endeavor Real Estate Group
Listed By: Anne Swift
Source: Moodyscre
Added: Aug 22, 2023 Changed: Sep 7 Last Checked: Sep 20 at 9:07AM

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 Endeavor Real Estate Group

Investment Insights

Based on property information with market context.

This office building at 506 Walsh St, Austin, features a ground-level lobby and retail, along with office amenities designed for an active workday. The property includes two intimate, green-filled courtyards, numerous exterior patios, architectural catwalks, and artistic paseos that connect indoor and outdoor spaces. Tenants also have access to private outdoor decks and a shaded community terrace.

Interior and tenant-focused support spaces include a refined office lobby with simplified access, onsite security, and concierge services. The building offers a state-of-the-art conference room and gathering areas across office floors. An office elevator lobby provides direct access from the garage to the office floor, with additional stairway access.

Additional tenant amenities include an ultramodern fitness center and luxurious locker rooms. The community terrace overlooks the downtown skyline, creating a shared setting for meetings, corporate events, and everyday work breaks.

Key Highlights

  • Two intimate, green‑filled courtyards
  • Numerous exterior patios, architectural catwalks, and artistic paseos
  • Shaded community terrace overlooking the downtown skyline

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Locksmith Electrical Service (Bike/Boat/Book/etc) Store Butcher Building Supply Nursing Home

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

2,000
Businesses Nearby

Demographics for 78703, TX

22,194
Population
12,237
Households
1.8
Avg Household Size
38
Median Age
84%
College-Educated
99%
High-School Grad
5.6 sq mi
ZIP Area
3,963
Density / Sq Mi
$144,637
Median Household Income
$80,622
Median Earnings
$2,217
Median Rent
$1,353,500
Median Home Value

Market

Lease Benchmarks for Austin, TX

$30.71 /SF/Yr
Avg Asking Price
$1.38–$54 /SF/Yr
Price Range
30,312 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
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Frequently Asked Questions

What type of property is this?
Office building - Office building with ground-level retail and multiple outdoor courtyards, terraces, and decks for tenant use.
Where is this office building located?
The property is located at 1200 W 5th St Austin, TX.
What are key features of this property?
This property features: Two intimate, green‑filled courtyards; Numerous exterior patios, architectural catwalks, and artistic paseos; Shaded community terrace overlooking the downtown skyline
(512) 682-5564 Call to check price and availability
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