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Class B CBD Office Building
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1601 Rio Grande St, Austin, TX 78701

Five-story office building with an attached structured parking garage in downtown Austin.

Property Size6,609 SF
Days on Market58

Property Features for 1601 Rio Grande St

General Information

Standard status Active
Size 6,609 SF
Class Class B
Property subtype OFFICE

Amenities

attached structured parking garage
scenic views

Building Details

Stories 5
Listing Agency: Endeavor Real Estate Group
Listed By: Mario Ramos
Source: Moodyscre
Added: Jun 3 Changed: Jul 28 Last Checked: Jul 30 at 8:07AM

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.

This Class B CBD office building features five stories and a rentable building area of 56,960 SF. The property includes an attached, structured parking garage, supporting convenient on-site parking for tenants and visitors.

The building is located at the northeast corner of 16th Street and Rio Grande Street, offering downtown access with scenic views.

As an office property in a central business district, the configuration is suited for organizations seeking a multi-story commercial office presence with on-site parking support.

Key Highlights

  • Class B CBD office building with 5 stories and 56,960 SF rentable building area
  • Attached structured parking garage
  • Located at the NEC of 16th St and Rio Grande St

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

Demographics for 78701, TX

11,625
Population
8,021
Households
1.4
Avg Household Size
38
Median Age
81%
College-Educated
96%
High-School Grad
1.5 sq mi
ZIP Area
7,750
Density / Sq Mi
$154,867
Median Household Income
$106,932
Median Earnings
$2,732
Median Rent
$653,600
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 - Five-story office building with an attached structured parking garage in downtown Austin.
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: Class B CBD office building with 5 stories and 56,960 SF rentable building area; Attached structured parking garage; Located at the NEC of 16th St and Rio Grande St
(512) 682-5587 Call to check price and availability
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