New Construction Office Space
For Lease
$29.75 SF/Yr
401 South 1st Street, Austin, TX 78704
New construction office space with high-quality amenities in Austin.
Space SizeContact for details
Days on Market213
Property Features for 401 South 1st Street
General Information
Standard status
Active
Property subtype
Office
Site & Location
Neighborhood
South River City
Listing Agency:
CBRE | Austin
Listed By:
Nate Stricklen
(512) 499-4921
Source:
Cbre
Added: Mar 25
Changed: Oct 21
Last Checked: Oct 23 at 3:31AM
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 CBRE | Austin
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Investment Insights
Based on property information with market context.
This new construction building, located steps away from downtown Austin, offers office space for rent. The property features amenities including a green roof, bike valet and storage, and 24/7 security. Residents have access to a 15th-floor sky lounge and an amenity floor that includes a gym with lockers and showers. The property is LEED Gold certified and has a brand new build-out in suite. The property size is 7238 square feet.
Key Highlights
- New construction steps away from downtown Austin
- High‑quality amenities including a green roof, bike valet & storage, and 24/7 security
- Access to a 15th‑floor sky lounge
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.46 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,718
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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Market
Lease Benchmarks for Austin, TX
$30.94 /SF/Yr
Avg Asking Price
$1.38–$54 /SF/Yr
Price Range
28,683 SF
Avg Space Size
This space is priced 4% below the average of $30.94 /SF/Yr.
Vacancy Rate% for Office in Austin, TX
Frequently Asked Questions
What type of property is this?
Office building - New construction office space with high-quality amenities in Austin.
Where is this office building located?
The property is located at 401 South 1st Street Austin, TX.
What is the lease rate?
The lease rate is $29.75 SF/Yr.
What are key features of this property?
This property features: New construction steps away from downtown Austin; High‑quality amenities including a green roof, bike valet & storage, and 24/7 security; Access to a 15th‑floor sky lounge
