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Downtown Austin Office Space Available
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1601 Rio Grande St, Austin, TX

Class B office building in downtown Austin with structured parking.

Space SizeContact for details
Property Size3,485 SF
Lot Size1.16 Acres
Days on Market641

Property Features for 1601 Rio Grande St

General Information

Standard status Active
Size 3,485 SF
Lot size 1.16 Acres
Property subtype OFFICE
Listing Agency: Endeavor Real Estate Group
Listed By: Mario Ramos
Source: Moodyscre
Added: Nov 4, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:08AM

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.

Located in downtown Austin, Meridian Plaza is a Class B office building offering views and access to the State Capitol, Travis County Courthouse, the University of Texas, and the central business district. The 5-story building has a rentable area of 56,960 square feet and features an attached, structured parking garage. Situated at the northeast corner of 16th Street and Rio Grande Street, the property provides driving and pedestrian access via Rio Grande and 15th Street. It is a five-minute drive to Tarrytown, Pemberton Heights, and Clarksville neighborhoods. North Lamar Boulevard, Mopac Expressway, 15th Street, MLK Boulevard, and Interstate 35 are easily accessible. Multiple restaurants and bars are located nearby, including Ranch 616, Thunder Cloud Subs, Starbucks, El Mercado, Rattle Inn, Tiff’s Treats, Jimmy John’s, Schlotzsky’s, Chick-fil-A, Perry’s Steakhouse, and Clay Pit.

Key Highlights

  • Stellar downtown Austin location with superior driving and pedestrian access.
  • Scenic views.
  • Attached, structured parking garage.

Property Analytics

Current Use

Giles Aseron PLLC Law Firm 1601 Rio Grande ... Parking Lot & Garage Syrtis Solutions (Bike/Boat/Book/etc) Store 3 Point Partners Marketing & Advertising Meridian Plaza Parking Lot & Garage

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Pet Grooming Service Mobile Phone Store Adult Day Care Tanning 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

Location Intelligence

Trade Area within ½ mile

6,492
Businesses Nearby

Market

Lease Benchmarks for Austin, TX

$31.4 /SF/Yr
Avg Asking Price
$21–$47 /SF/Yr
Price Range
33,901 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 - Class B office building in downtown Austin with structured parking.
Where is this office building located?
The property is located at 1601 Rio Grande St Austin, TX.
What are key features of this property?
This property features: Stellar downtown Austin location with superior driving and pedestrian access.; Scenic views.; Attached, structured parking garage.
(512) 682-5587 Call to check price and availability
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