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Office Space Available For Lease
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506 Congress Ave, Austin, TX 78701

Office space for lease at 506 Congress Avenue, Austin.

Space Size7,296 SF
Days on Market223

Property Features for 506 Congress Ave

General Information

Standard status Active
Size 7,296 SF
Property subtype OFFICE
Lease Type NNN

Site & Location

Neighborhood Downtown

Spaces For Lease

at 506 Congress Ave
506 Congress Ave $30/SF/Yr
Floor 3
Size 7,296 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- The building is located near Main and Main (6th St and Congress Ave) - Historic property along Congress Ave. - An on-site fitness center with showers (Gold’s Gym nearby) - Rooftop patio for building tenants - A new pocket park in front of the building - Access to Common Desk (located in Littlefield Building) Day rentals for conference rooms/meeting spaces - 3 per 1,000 RSF Parking Ratio (available in Littlefield Garage at 6th St and Brazos St)
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Listing Agency: Equitable Commercial Realty (ECR)
Listed By: Ross Chumley
Source: Moodyscre
Added: Mar 26 Changed: Oct 25 Last Checked: Nov 1 at 9:19AM

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 Equitable Commercial Realty (ECR)

Rey
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Investment Insights

Based on property information with market context.

Office space is available for lease at 506 Congress Avenue in Austin, Texas.

Key Highlights

  • For Lease

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

thirteen23 Marketing & Advertising Kilter Fitness Gym & Fitness Center Edelman Marketing & Advertising GMC Key Replacement Auto Repair Shop Ethos by thirteen23 Consultant

Suggested Use

Top Pick Butcher Tanning Salon Mobile Phone Store Adult Day Care (Bike/Boat/Book/etc) Store Pet Grooming Service

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11,339
Businesses Nearby
Well-served
Demand for This Use

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

$26.09 /SF/Yr
Avg Asking Price
$1.04–$104 /SF/Yr
Price Range
20,720 SF
Avg Space Size

This space is priced 15% above the average of $26.09 /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

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Frequently Asked Questions

What type of property is this?
Office space - Office space for lease at 506 Congress Avenue, Austin.
Where is this office space located?
The property is located at 506 Congress Ave Austin, TX.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: For Lease
(512) 505-0029 · Office Call to check price and availability
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