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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 six office levels and ground-floor retail, delivering May and September 2024.

Property Size3,843 SF
Days on Market1119

Property Features for 218 S Lamar Blvd

General Information

Standard status Active
Size 3,843 SF
Class A
Property subtype RETAIL
Lease Type Gross

Amenities

rooftop garden
fitness center
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
restaurants
retail
art gallery
courtyard with shaded seating
outdoor bar
stage
pedestrian breezeway
lockers

Building Details

Stories 7
Tenancy Multi
Listing Agency: Aquila Commercial
Listed By: Chad Barrett
Source: Moodyscre
Added: Jul 12, 2023 Changed: Jul 26 Last Checked: Aug 2 at 1:45PM

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, offering approximately six office levels (floors 2 through 7) and about 30,000-sf floor plates. The project includes ground-floor retail/restaurant space totaling approximately 14,851 sf, along with shared building amenities under construction such as an expansive rooftop garden and a fitness center with showers.

The property is positioned at a lighted intersection off South Lamar Boulevard near Lady Bird Lake, with access at Toomey Road and South Lamar Boulevard. Parking is provided in a subterranean garage with a stated 3.26:1,000 parking ratio.

Construction timing is described as ready for TIs in May 2024, with occupancy scheduled for September 2024. Building features also include a lakeview sky garden, an exclusive tenant balcony on level 7, and an exclusive tenant rooftop garden on level 7, along with on-site security and bicycle storage.

Key Highlights

  • New 195,000‑sf Class A office development under construction off South Lamar
  • 6 office levels (floors 2–7) with approx. 30,000‑sf floor plates
  • Retail/restaurant space: approx. 14,851 sf on the ground floor, plus ground‑floor courtyard amenities

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

Multi-tenant
Tenancy
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 six office levels and ground-floor retail, delivering May and September 2024.
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: New 195,000‑sf Class A office development under construction off South Lamar; 6 office levels (floors 2–7) with approx. 30,000‑sf floor plates; Retail/restaurant space: approx. 14,851 sf on the ground floor, plus ground‑floor courtyard amenities
(512) 217-7501 Call to check price and availability
More about this property
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