Downtown Austin Retail
For Lease
Contact for pricing
501 Congress Ave, Austin, TX 78701
Prime retail location in the heart of Austin's CBD.
Space Size7,663 SF - 12,524 SF
Property Size123,000 SF
Days on Market736
Property Features for 501 Congress Ave
General Information
Standard status
Active
Size
7,663 SF - 12,524 SF
Total Parking Spaces
297
Property subtype
Retail, Restaurant
Building Details
Building Size
123,000 SF
Tenancy
Multiple
Spaces For Lease
at 501 Congress Ave Contact us- Size
- 12,524 SF
- Availability
- Active
Basement Retail Opportunity
- Size
- 7,663 SF
- Availability
- Active
Ground Floor Retail
Listing Agency:
SHOP Companies Dallas
Listed By:
John Heffington · License #TX
Source:
Crexi
Added: Sep 3, 2024
Changed: Sep 6
Last Checked: Sep 8 at 4:36AM
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 SHOP Companies Dallas
Investment Insights
Based on property information with market context.
The property at 501 Congress Avenue is located in the central business district of Austin, Texas. Situated on Congress Avenue, a main transport axis dating back to the 19th century, the building also borders Sixth Street, known for its entertainment and shopping options. Several hotels are located nearby. The property includes corner retail space on the ground floor and basement levels. A newly constructed parking garage is located next door.
Key Highlights
- Prime location in the heart of Downtown Austin's central business district.
- Located on Congress Avenue, Austin's most well‑known street.
- Adjacent to Sixth Street entertainment and shopping district.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,876
Businesses Nearby
119k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Hotels & Casinos 35%
Shops & Services 17%
Apparel 7%
Whataburger
Dining
33,713 visits/mo
0.2 miles
Austin Marriott Downtown
Hotels & Casinos
21,058 visits/mo
0.5 miles
Chevron
Shops & Services
19,582 visits/mo
0.0 miles
Hotel Van Zandt
Hotels & Casinos
9,762 visits/mo
0.5 miles
Amy's Ice Creams
Dining
9,423 visits/mo
0.5 miles
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
$29.77 /SF/Yr
Avg Asking Price
$7.62–$70.24 /SF/Yr
Price Range
7,334 SF
Avg Space Size
Vacancy Rate% for Retail in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Prime retail location in the heart of Austin's CBD.
Where is this retail space located?
The property is located at 501 Congress Ave Austin, TX.
What are key features of this property?
This property features: Prime location in the heart of Downtown Austin's central business district.; Located on Congress Avenue, Austin's most well‑known street.; Adjacent to Sixth Street entertainment and shopping district.
