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506 Congress Avenue, Austin, TX 78701

Office space for lease at 506 Congress Avenue, Austin.

Space Size7,296 SF
Property Size22,571 SF
Days on Market2196

Property Features for 506 Congress Avenue

General Information

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

Building Details

Building Size 22,571 SF
Year Built 1936
Tenancy Multiple

Spaces For Lease

at 506 Congress Avenue Contact us

Suite 300

Size
7,296 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Equitable Commercial Realty
Listed By: ROSS CHUMLEY · License #TX
Source: Crexi
Added: Sep 3, 2020 Changed: Sep 5 Last Checked: Sep 7 at 8:44AM

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

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

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 Adult Day Care Mobile Phone Store (Bike/Boat/Book/etc) Store Fish Market

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

Market

Lease Benchmarks for Austin, TX

$28.95 /SF/Yr
Avg Asking Price
$1.94–$104 /SF/Yr
Price Range
19,738 SF
Avg Space Size

This space is priced 4% above the average of $28.95 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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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 Avenue 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) 505-0000 Call to check price and availability
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