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Office Building with IH-35 Frontage
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2550 S Interstate 35, Austin, TX 78704

Office building on IH-35 with on-site management, front-door parking, and updated finishes throughout.

Property Size3,889 SF
Days on Market653

Property Features for 2550 S Interstate 35

General Information

Standard status Active
Size 3,889 SF
Property subtype OFFICE
Lease Type SF/yr

Site & Location

Highway Access Yes
Road Access Yes

Amenities

On-site management
Front door parking
Monument signage
Updated finishes and amenities
IH-35 frontage

Building Details

Parking Ratio 3.33 per 1,000 SF
Listing Agency: Equitable Commercial Realty (ECR)
Listed By: David Dawkins
Source: Moodyscre
Added: Oct 17, 2024 Changed: Jul 30 Last Checked: Jul 30 at 3:23AM

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 Equitable Commercial Realty (ECR)

Investment Insights

Based on property information with market context.

Wayne Wright office building offers 3,889 SF of office space with on-site management and updated finishes and amenities. The property includes front door parking and monument signage for building identification.

Situated along IH-35 in South Austin, the building provides strong regional access to Downtown Austin and major thoroughfares including Oltorf St., Hwy 290/71, and St. Edwards Dr. The site benefits from IH-35 frontage and reported traffic counts of over 200,000 cars/day.

Parking is supported by a ratio of 3.33 per 1,000 RSF, with convenient drive times to Downtown Austin (5–7 minutes) and Austin-Bergstrom International Airport (about 10 minutes).

Key Highlights

  • 3,889 SF office building with updated finishes and amenities
  • IH‑35 frontage with reported traffic counts over 200,000 cars/day
  • On‑site management and monument signage

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Dental Office (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Pet Grooming Service

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,114
Businesses Nearby

Demographics for 78704, TX

49,197
Population
29,959
Households
1.6
Avg Household Size
34
Median Age
70%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
5,591
Density / Sq Mi
$97,160
Median Household Income
$67,527
Median Earnings
$1,755
Median Rent
$862,000
Median Home Value

Market

Lease Benchmarks for Austin, TX

$30.45 /SF/Yr
Avg Asking Price
$21–$47 /SF/Yr
Price Range
38,644 SF
Avg Space Size

This space is priced 41% below the average of $30.45 /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 building - Office building on IH-35 with on-site management, front-door parking, and updated finishes throughout.
Where is this office building located?
The property is located at 2550 S Interstate 35 Austin, TX.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 3,889 SF office building with updated finishes and amenities; IH‑35 frontage with reported traffic counts over 200,000 cars/day; On‑site management and monument signage
(512) 505-0022 Call to check price and availability
More about this property
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