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Class A Office Building with Retail
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218 S Lamar Blvd, Austin, TX 78704

New Class A office development with ground-floor retail/restaurant space and rooftop outdoor amenities near South Lamar Boulevard.

Property Size5,165 SF
Days on Market1118

Property Features for 218 S Lamar Blvd

General Information

Standard status Active
Size 5,165 SF
Net Rentable 195,000 SF
Class A
Property subtype RETAIL

Space & Availability

Available Space 195,000 SF
Floor 2-7
Space Use Office
Available From 2024-09

Site & Location

Highway Access Yes
Road Access Yes

Amenities

rooftop garden
fitness center with showers
bike storage
rotating art gallery
ground floor courtyard
on-site security
ground floor retail/restaurant space
Lakeview Sky Garden
exclusive tenant balcony
exclusive tenant rooftop garden
courtyard with shaded seating, outdoor bar, and stage
pedestrian breezeway
lockers
Well-building standard certification (pending)

Building Details

Stories 7
Building Size 195,000 SF
Parking Ratio 3.26 per 1,000 SF
Abandoned No
Listing Agency: Aquila Commercial
Listed By: Chad Barrett
Source: Moodyscre
Added: Jul 12, 2023 Changed: Jul 30 Last Checked: Aug 2 at 1:54PM

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 Aquila Commercial

Investment Insights

Based on property information with market context.

Zilker Point is a new Class A office development currently under construction at 218 S Lamar Blvd. The building will offer approximately six levels of office space on floors 2 through 7, with ±30,000-sf floor plates and a total office size of about 195,000 sf. Tenant-focused amenities include a 1,500-sf exclusive tenant balcony and a 2,485-sf exclusive tenant rooftop garden on level 7. The property also includes a ±14,851-sf ground floor retail component suited for restaurant and coffee concepts, plus a 1,240-sf fitness center with men’s and women’s showers and lockers.

Site access is at a lighted intersection on South Lamar Boulevard near Lady Bird Lake, in the 78704 area of Austin. Amenities include a 3,600-sf Lakeview Sky Garden overlooking downtown Austin and the hill country, a ground floor courtyard with shaded seating, an outdoor bar, and a stage, and a pedestrian breezeway integrated with ZACH Theatre. Parking is supported by a generous 3.26:1,000 ratio in a subterranean garage.

Construction is scheduled for readiness in May 2024, with occupancy expected in September 2024. Well-building® standard certification is pending.

Key Highlights

  • ±195,000‑sf Class A office development under construction
  • ±30,000‑sf floor plates across office floors 2–7
  • ±14,851‑sf ground floor retail suited for restaurants and coffee

Property Analytics

Current Use

Zilker Point Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Electrical Service Mobile Phone Store Tattoo & Piercing Shop Clothing & Fashion Store

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

Location Intelligence

Trade Area within ½ mile

3,014
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

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 - New Class A office development with ground-floor retail/restaurant space and rooftop outdoor amenities near South Lamar Boulevard.
Where is this office building located?
The property is located at 218 S Lamar Blvd Austin, TX.
What are key features of this property?
This property features: ±195,000‑sf Class A office development under construction; ±30,000‑sf floor plates across office floors 2–7; ±14,851‑sf ground floor retail suited for restaurants and coffee
(512) 217-7501 Call to check price and availability
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