Central Austin Office Space
5225 N Lamar Austin, TX 78751
5225 N Lamar, Austin, TX, 78751
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For Sale
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Office space in central Austin with excellent location and access.
Property Size15,656 SF
Price / SF$357.69
Days on Market60
Property Features for 5225 N Lamar
General Information
- Standard status
- Active
- Size
- 15,656 SF
- Property subtype
- Office
Listing Agency
Southwest Strategies Group Inc
Listed by
Sophie Roth · License #TX
Source
Crexi
Added: May 20 Checked: Jul 17 at 9:12 am
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 Southwest Strategies Group Inc
Investment Insights
Based on property information with market context.
Office space is available in central Austin, situated in the North Lamar corridor. The location is suitable for a company headquarters or for dividing the occupancy between two companies, each occupying 7500 square feet. A secure lot provides space for excess parking. The adjacent property to the south is also available for offers, potentially adding to the overall footprint. The upcoming Orange rail line will pass directly in front of the building, with a stop located half a block away, which is expected to enhance access and foot traffic. The property offers an opportunity for prime signage on N Lamar. The North Lamar corridor is a dynamic area with new high-end developments across the street and established shopping and dining options at Central Market and The Triangle shopping center, located approximately 3 minutes away. Numerous restaurant options are within walking distance. The property provides convenient access to I35 and MoPac via Koenig Ln. The building has a size of 15656 square feet.
Key Highlights
- Prime location in the North Lamar corridor of central Austin.
- Potential for company headquarters or dual occupancy (2 x 7500 SF).
- Future direct access to the Orange rail line (stop 1/2 block away).
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $561.7k | $35.88 |
| − Vacancy | −$136.5k | −$8.72 |
| EGI | $425.2k | $27.16 |
| − OpEx | −$106.3k | −$6.79 |
| NOI | $318.9k | $20.37 |
15,656 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.56M
$3.99M – $5.32M
NOI $318,926 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.14M
$5.37M – $7.16M
NOI $429,454 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Integral Care
Crisis Center
Jennifer S. Berliner, ...
Foster Care Service
Doris A. Story, RN
Registered General Nurse
Dillard Lisa A
Registered General Nurse
O'quinn Evans, LVN
Registered General Nurse
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FAQs
What type of property is this?
Office building - Office space in central Austin with excellent location and access.
Where is this office building located?
The property is located at 5225 N Lamar Austin, TX.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: Prime location in the North Lamar corridor of central Austin.; Potential for company headquarters or dual occupancy (2 x 7500 SF).; Future direct access to the Orange rail line (stop 1/2 block away).
