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Lab/R&D Project in MetCenter
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7551 Metro Center Drive, Austin, TX 78744

Two-story, 345,600 SF lab/R&D space near Downtown Austin.

Space SizeContact for details
Days on Market284

Property Features for 7551 Metro Center Drive

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Austin
Listed By: John Barksdale
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 24 Last Checked: Sep 1 at 3:49PM

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

Investment Insights

Based on property information with market context.

MetCenter 10 is a 345,600 square foot, two-story lab and R&D project located in MetCenter, minutes from Downtown Austin. Designed to support innovation and scientific advancement, this facility features robust and redundant telecommunications. It also features reliable electric and utility services. MetCenter is easily accessible from all parts of Austin via Highway 71, Highway 183, and SH 130, and is located directly across from the airport. The recent upgrade of Highway 183 between the airport and Highway 290 has created seamless freeway access to Austin from the far northwest areas of the metropolitan area.

Key Highlights

  • 345,600 SF two‑story Lab / R&D facility.
  • Located in MetCenter, minutes from Downtown Austin.
  • Robust and redundant telecommunications for seamless connectivity.

Property Analytics

Current Use

Optimal Research Austin, ... Research Institute Texas Department of Insurance Department Of Social Services PPD - Austin Research ... Laboratory David Hoelscher Physician PPD Clinical Research ... Medical Clinic

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Parts Store Dental Office Spa & Massage Center Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

300
Businesses Nearby

Demographics for 78744, TX

51,048
Population
20,035
Households
2.5
Avg Household Size
31
Median Age
33%
College-Educated
77%
High-School Grad
22.6 sq mi
ZIP Area
2,259
Density / Sq Mi
$78,474
Median Household Income
$42,472
Median Earnings
$1,516
Median Rent
$307,000
Median Home Value

Market

Lease Benchmarks for Austin, TX

$32.47 /SF/Yr
Avg Asking Price
$21–$54 /SF/Yr
Price Range
29,857 SF
Avg Space Size

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 building - Two-story, 345,600 SF lab/R&D space near Downtown Austin.
Where is this office building located?
The property is located at 7551 Metro Center Drive Austin, TX.
What are key features of this property?
This property features: 345,600 SF two‑story Lab / R&D facility.; Located in MetCenter, minutes from Downtown Austin.; Robust and redundant telecommunications for seamless connectivity.
More about this property
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