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Multi-Tenant High-Rise Office Building
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823 North Congress Avenue, Austin, TX 78701

Sixteen-story office high-rise offered for lease, supporting multiple tenant configurations within one building.

Property Size115,409 SF
Days on Market51

Property Features for 823 North Congress Avenue

General Information

Standard status Active
Size 115,409 SF
Property subtype Office

Building Details

Stories 16
Tenancy Multi
Listing Agency:
Listed By: Kyle Lewis
Source: Cbre
Added: Jun 11 Changed: Jul 10 Last Checked: Jul 30 at 4:00AM

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 Kyle Lewis

Investment Insights

Based on property information with market context.

823 Congress is a sixteen-story, multi-tenant high-rise office building with approximately 181,381 square feet of space. The property is positioned as a corporate office asset designed to support multiple occupants under one roof.

The building is located at 823 North Congress Avenue in Austin, Texas. As a downtown-style high-rise office, it offers a consolidated workspace option for businesses seeking an established office tower environment.

For tenants evaluating office space for lease, this property provides the advantages of a multi-tenant building with a scalable floor structure within a single address. Brokers and relocating teams may also consider it as a straightforward option to consolidate requirements under one property while pursuing the specific suite or floor layout needed for day-to-day operations. Lease interest should be directed toward available space within the tower, based on each tenant’s configuration and occupancy needs.

Key Highlights

  • 181,381 SF, sixteen‑story multi‑tenant high‑rise office building
  • Offered for lease with multiple tenant configurations within the building

Property Analytics

Current Use

Wholesale Beer Distributors ... Big Box & Wholesale Store Texas Mortgage Bankers ... Loan Service Garbo's On Congress Restaurant Childrens Hospital Association-Texas Association / Organization Athletes to Athletes Training Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Buffet Adult Day Care 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

12,087
Businesses Nearby

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

$30.45 /SF/Yr
Avg Asking Price
$21–$47 /SF/Yr
Price Range
38,644 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 - Sixteen-story office high-rise offered for lease, supporting multiple tenant configurations within one building.
Where is this office building located?
The property is located at 823 North Congress Avenue Austin, TX.
What are key features of this property?
This property features: 181,381 SF, sixteen‑story multi‑tenant high‑rise office building; Offered for lease with multiple tenant configurations within the building
More about this property
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