Four-Story Office Building with Suite
For Lease
Contact for pricing
4009 Banister Lane, Austin, TX 78704
Suite 200 offers 730 SF with a lease term through October 31, 2028.
Space Size3,500 SF
Property Size42,000 SF
Days on Market262
Property Features for 4009 Banister Lane
General Information
Standard status
Active
Size
3,500 SF
Net Rentable
730 SF
Property subtype
OFFICE
Space & Availability
Available Space
730 SF
Contiguous Space
730 SF
Floor
2
Space Use
Office
Sublease
Yes
Site & Location
Neighborhood
South Lamar
Highway Access
Yes
Building Details
Stories
4
Building Size
42,000 SF
Parking Ratio
3.25 per 1,000 SF
Spaces For Lease
at 4009 Banister Lane
4009 Banister Ln
$17/SF/Yr
Floor
2
Size
3,500 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
Yes
- Park Place II is a recently renovated, four-story office building totaling approximately 42,000 SF, located at 4009 Banister Lane in the desirable South Austin submarket. The property offers a campus-style setting with mature, tree-filled landscaping, ample surface parking at a 3.25 per 1,000 SF ratio, and convenient access to Highway 71, South Lamar, South Congress, MoPac, and IH-35. Upper floors benefit from attractive views toward Downtown Austin.
- Suite 200 presents a 730 SF sublease opportunity at a competitive rental rate, with a term extending through October 31, 2028. The space is well-suited for a variety of office users seeking a cost-effective presence in a centrally located and amenity-rich South Austin office environment.
Contact us
Listing Agency:
Asterra Properties
(512) 231-2020
Listed By:
Emmett Sweeney · License #824221
(512) 954-4497
Source:
Moodyscre
Added: Feb 10
Changed: Oct 25
Last Checked: Oct 28 at 10:08AM
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 Asterra Properties
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Investment Insights
Based on property information with market context.
Park Place II is a recently renovated, four-story office building totaling approximately 42,000 SF. The property is set up in a campus-style configuration with mature, tree-filled landscaping and ample surface parking.
Suite 200 is available as a sublease opportunity with a term extending through October 31, 2028. The 730 SF space is suitable for a variety of office users looking for a centrally located presence in the South Austin submarket.
Convenient access to Highway 71, South Lamar, South Congress, MoPac, and IH-35 supports easy commutes throughout Austin. Upper floors offer views toward Downtown Austin.
Suite 200 is available as a sublease opportunity with a term extending through October 31, 2028. The 730 SF space is suitable for a variety of office users looking for a centrally located presence in the South Austin submarket.
Convenient access to Highway 71, South Lamar, South Congress, MoPac, and IH-35 supports easy commutes throughout Austin. Upper floors offer views toward Downtown Austin.
Key Highlights
- Recently renovated four‑story office building totaling approximately 42,000 SF
- Campus‑style setting with mature, tree‑filled landscaping
- Suite 200 sublease: 730 SF with term through October 31, 2028
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,040
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Austin, TX
$31.3 /SF/Yr
Avg Asking Price
$1.38–$54 /SF/Yr
Price Range
28,499 SF
Avg Space Size
This space is priced 46% below the average of $31.3 /SF/Yr.
Vacancy Rate% for Office in Austin, TX
Frequently Asked Questions
What type of property is this?
Office building - Suite 200 offers 730 SF with a lease term through October 31, 2028.
Where is this office building located?
The property is located at 4009 Banister Lane Austin, TX.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Recently renovated four‑story office building totaling approximately 42,000 SF; Campus‑style setting with mature, tree‑filled landscaping; Suite 200 sublease: 730 SF with term through October 31, 2028
