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at 12515 Research Blvd Contact us

Research Park 3 $20/SF/Yr

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Listing Agency: Cushman & Wakefield | Austin Show Phone

Listed By: Brian Liverman Show Phone

Source: Moodyscre

Added: Nov 26, 2024 Changed: Jul 31 Last Checked: Aug 6 at 12:14PM

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Investment Insights

Based on property information with market context.

Office units are available for lease within a 55,388-square-foot commercial property at 12515 Research Blvd in Austin, Texas 78727.

Key Highlights

• 55,388‑square‑foot commercial property
• Office units available for lease
• Located at 12515 Research Blvd, Austin, TX 78727

Property Analytics

Current Use

Self Employed Mortgage ... Loan Service Omar J. Lopez- ... Real Estate Agency Sarah Gooding Pharmacy Coco & Team Central ... Real Estate Agency Research Park Place ... Business Service Center

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Hair Salon Hotel & Motel Nail Salon

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

$3.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,322

Businesses Nearby

Explore this area Business Placement

Demographics for 78727, TX

29,928

Population

14,863

Households

2

Avg Household Size

35

Median Age

63%

College-Educated

96%

High-School Grad

7.8 sq mi

ZIP Area

3,837

Density / Sq Mi

$107,194

Median Household Income

$65,016

Median Earnings

$1,818

Median Rent

$483,200

Median Home Value

Market

Lease Benchmarks for Austin, TX

$25.58 /SF/Yr

Avg Asking Price

$0.61–$104 /SF/Yr

Price Range

13,929 SF

Avg Space Size

This space is priced 22% below the average of $25.58 /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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office accommodations are offered for lease within a commercial property.

Where is this office units located?

The property is located at 12515 Research Blvd Austin, TX.

What is the lease rate?

The lease rate is $20 SF/Yr.

What are key features of this property?

This property features: 55,388‑square‑foot commercial property; Office units available for lease; Located at 12515 Research Blvd, Austin, TX 78727