Second-Generation Restaurant
For Lease
Contact for pricing
507 Pressler Street, Austin, TX 78703
Ground-floor restaurant/retail space in a mixed-use development with 152 dedicated parking spaces.
Space Size2,557 SF - 4,346 SF
Days on Market89
Property Features for 507 Pressler Street
General Information
Standard status
Active
Size
2,557 SF - 4,346 SF
Total Parking Spaces
152
Property subtype
Retail
Lease Type
NNN
Additional Details
Multifamily Units
168
Amenities
outdoor patio
Spaces For Lease
at 507 Pressler Street Contact usSuite 100 Available
Size
4,346 SF
Type
Retail
Suite 1000 Available
Size
2,557 SF
Type
Retail
Listing Agency:
CBRE | Austin
Listed By:
Will Majors
(512) 482-5597
Source:
Cbre
Added: Jul 24
Changed: Oct 10
Last Checked: Oct 20 at 5:27PM
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 second-generation restaurant space is located on the ground floor of a high-end mixed-use urban development. The offering is positioned below 168 apartment units and includes outdoor patio opportunities, supporting both dine-in and street-level restaurant operations. Dedicated parking for retail totals 152 spaces, helping serve day-to-day customer access.
The property is located at 507 Pressler St, Austin, TX 78703. The lease rate is offered on a Triple Net (NNN) basis, with terms available through the broker.
The property is located at 507 Pressler St, Austin, TX 78703. The lease rate is offered on a Triple Net (NNN) basis, with terms available through the broker.
Key Highlights
- Ground‑floor restaurant/retail space in a mixed‑use development
- Lease rate type is triple net (NNN)
- Retail space is supported by 152 dedicated parking spaces
Property Analytics
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Current Use
Lease Details
168
Residential units
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,010
Businesses Nearby
56k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 74%
Groceries 13%
Shops & Services 4%
Electronics 4%
REI
Apparel
19,957 visits/mo
0.4 miles
Anthropologie
Apparel
16,468 visits/mo
0.4 miles
Spec's
Groceries
7,260 visits/mo
0.5 miles
lululemon athletica
Apparel
4,966 visits/mo
0.3 miles
AT&T
Electronics
2,053 visits/mo
0.3 miles
Demographics for 78703, TX
22,194
Population
12,237
Households
1.8
Avg Household Size
38
Median Age
84%
College-Educated
99%
High-School Grad
5.6 sq mi
ZIP Area
3,963
Density / Sq Mi
$144,637
Median Household Income
$80,622
Median Earnings
$2,217
Median Rent
$1,353,500
Median Home Value
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Market
Lease Benchmarks for Austin, TX
$28.88 /SF/Yr
Avg Asking Price
$7.62–$70.24 /SF/Yr
Price Range
5,170 SF
Avg Space Size
Vacancy Rate% for Retail in Austin, TX
Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor restaurant/retail space in a mixed-use development with 152 dedicated parking spaces.
Where is this retail space located?
The property is located at 507 Pressler Street Austin, TX.
What are key features of this property?
This property features: Ground‑floor restaurant/retail space in a mixed‑use development; Lease rate type is triple net (NNN); Retail space is supported by 152 dedicated parking spaces
