Ground-Floor Restaurant Retail
For Lease
Contact for pricing
507 Pressler St, Austin, TX 78703
Second-generation restaurant retail on the ground floor with outdoor patio opportunities and 152 dedicated parking spaces.
Property Size2,557 SF
Days on Market874
Property Features for 507 Pressler St
General Information
Standard status
Active
Size
2,557 SF
Net Rentable
2,557 SF
Total Parking Spaces
152
Property subtype
RETAIL
Lease Type
NNN
Space & Availability
Available Space
2,557 SF
Contiguous Space
2,557 SF
Floor
Ground
Space Use
Restaurant
Amenities
outdoor patio opportunities
Listing Agency:
CBRE | Austin
(512) 431-0796
Listed By:
Will Majors
(512) 431-0796
Source:
Moodyscre
Added: Mar 12, 2024
Changed: Jul 31
Last Checked: Aug 2 at 2:07PM
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 CBRE | Austin
Investment Insights
Based on property information with market context.
This ground-floor restaurant retail space is designed for second-generation operations within a high-density, mixed-use urban development. The space totals 2,557 SF and is located below 168 apartment units, providing direct street-level support from the residential component of the project. Outdoor patio opportunities are also available, supporting a more flexible guest and service setup.
The development includes 152 parking spaces dedicated to the retail space, which can be an important consideration for restaurant access and customer parking. The offering is listed as a Triple Net (NNN) lease rate type, supporting a structure commonly used for retail tenancies.
The space is positioned to serve both the downtown office market and the surrounding west Austin residential community.
The development includes 152 parking spaces dedicated to the retail space, which can be an important consideration for restaurant access and customer parking. The offering is listed as a Triple Net (NNN) lease rate type, supporting a structure commonly used for retail tenancies.
The space is positioned to serve both the downtown office market and the surrounding west Austin residential community.
Key Highlights
- 2,557 SF ground‑floor restaurant retail space
- Located below 168 apartment units
- Triple Net (NNN) lease rate type
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,010
Businesses Nearby
56k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 74%
Groceries 13%
Shops & Services 4%
Electronics 4%
REI
Apparel
19,957 visits/mo
0.4 miles
Anthropologie
Apparel
16,468 visits/mo
0.4 miles
Spec's
Groceries
7,260 visits/mo
0.5 miles
lululemon athletica
Apparel
4,966 visits/mo
0.3 miles
AT&T
Electronics
2,053 visits/mo
0.3 miles
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
$27.75 /SF/Yr
Avg Asking Price
$7.62–$70.24 /SF/Yr
Price Range
4,482 SF
Avg Space Size
Vacancy Rate% for Retail in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Second-generation restaurant retail on the ground floor with outdoor patio opportunities and 152 dedicated parking spaces.
Where is this retail space located?
The property is located at 507 Pressler St Austin, TX.
What are key features of this property?
This property features: 2,557 SF ground‑floor restaurant retail space; Located below 168 apartment units; Triple Net (NNN) lease rate type
