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Three-Story Office Building
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5508 W Hwy 290, Austin, TX 78735

Three-story office building with a two-story lobby atrium, high-quality interior finishes, and common sitting and break areas.

Property Size4,699 SF
Days on Market128

Property Features for 5508 W Hwy 290

General Information

Standard status Active
Size 4,699 SF
Property subtype OFFICE
Lease Type SF/yr

Site & Location

Highway Access Yes
Road Access Yes

Amenities

high-quality interior finishes
two-story lobby with atrium
common sitting and break areas

Building Details

Stories 3
Listing Agency: Equitable Commercial Realty (ECR)
Listed By: Jason Steinberg · License #535355
Source: Moodyscre
Added: Mar 25 Changed: Jul 25 Last Checked: Jul 30 at 12:56PM

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)

Investment Insights

Based on property information with market context.

This three-story office building offers high-quality interior finishes and a distinctive two-story lobby with an atrium. The building also includes common sitting and break areas designed for everyday tenant use.

Located on Highway 290 westbound frontage road in southwest Austin, the property provides straightforward access to major routes including Hwy 290, Mopac, Hwy 71, Southwest Parkway, and William Cannon. Nearby retail amenities support the surrounding business community.

With onsite parking calculated at 4.1 per 1,000 RSF, the property is positioned for convenient operations and tenant access across the southwest Austin area.

Key Highlights

  • Three‑story office building with 74,485 total SF
  • Two‑story lobby with atrium
  • High‑quality interior finishes

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply HVAC Service Hair Salon Storage Facility Garden Center Kitchen & Bath Showroom

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

844
Businesses Nearby

Demographics for 78735, TX

20,983
Population
9,957
Households
2.1
Avg Household Size
37
Median Age
73%
College-Educated
97%
High-School Grad
20.2 sq mi
ZIP Area
1,039
Density / Sq Mi
$126,216
Median Household Income
$81,837
Median Earnings
$1,930
Median Rent
$791,900
Median Home Value

Market

Lease Benchmarks for Austin, TX

$30.45 /SF/Yr
Avg Asking Price
$21–$47 /SF/Yr
Price Range
38,644 SF
Avg Space Size

This space is priced 41% below the average of $30.45 /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
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Frequently Asked Questions

What type of property is this?
Office building - Three-story office building with a two-story lobby atrium, high-quality interior finishes, and common sitting and break areas.
Where is this office building located?
The property is located at 5508 W Hwy 290 Austin, TX.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Three‑story office building with 74,485 total SF; Two‑story lobby with atrium; High‑quality interior finishes
(512) 505-0004 Call to check price and availability
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