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Downtown Office and Retail Space
For Lease
$44 SF/Yr

501 Congress Ave, Austin, TX 78701

Office and retail spaces in a prime downtown location.

Space Size5,771 SF - 16,493 SF
Days on Market206

Property Features for 501 Congress Ave

General Information

Standard status Active
Size 5,771 SF - 16,493 SF
Class A
Property subtype office

Spaces For Lease

at 501 Congress Ave Contact us

Available Space Immediate

Floor 1st
Size 10,510 SF
Type Office
Term Negotiable
Contact us

Available Space Immediate

Floor 1st
Size 5,771 SF
Type Office
Term Negotiable
Contact us

Available Space Immediate

Floor 1st
Size 6,161 SF
Type Office
Term Negotiable
Contact us

Available Space Immediate

Floor 2nd
Size 10,517 SF
Type Office
Term Negotiable
Contact us

Available Space Immediate

Floor 2nd
Size 10,663 SF
Type Office
Term Negotiable
Contact us

Available Space Immediate

Floor 5th
Size 16,493 SF
Type Office
Term Negotiable
Contact us
Listing Agency: Austin
Listed By: Brent Powdrill · License #591103
Source: Property.jll
Added: Mar 26 Changed: Oct 15 Last Checked: Oct 16 at 6:18AM

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 Austin

Rey
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Investment Insights

Based on property information with market context.

The property at 501 Congress features an outdoor terrace and an open atrium lobby suitable for hosting events. A fitness center with showers is available. The location provides access to restaurants, shops, and cultural attractions. The building offers views of the downtown skyline. The first floor includes retail spaces with a direct connection to a newly constructed parking garage. The property is suitable for office and retail use, fitness centers, sports and entertainment.

Key Highlights

  • Prime downtown location with easy access to restaurants, shops, and cultural attractions.
  • Outdoor terrace and open atrium lobby suitable for events.
  • Fitness center with showers.

Property Analytics

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Open Analytics

Current Use

Allen Edmonds Clothing & Fashion Store Rialtes Technologies (Bike/Boat/Book/etc) Store Vine Vault Storage Facility Jeff Senter Law ... Law Firm Morgan Law Firm Law Firm

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Pet Grooming Service Nursing Home

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
$6.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,876
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Austin, TX

$31.04 /SF/Yr
Avg Asking Price
$1.38–$54 /SF/Yr
Price Range
28,728 SF
Avg Space Size

This space is priced 42% above the average of $31.04 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office building - Office and retail spaces in a prime downtown location.
Where is this office building located?
The property is located at 501 Congress Ave Austin, TX.
What is the lease rate?
The lease rate is $44 SF/Yr.
What are key features of this property?
This property features: Prime downtown location with easy access to restaurants, shops, and cultural attractions.; Outdoor terrace and open atrium lobby suitable for events.; Fitness center with showers.
More about this property
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