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    5508 Highway 290 Austin, TX 78735

    For Lease
    Contact for pricing

    Prestigious Austin office space available.

    Lot size:
    74,485 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional three-story office building, Monterey Oaks, located at 5508 Hwy 290 W in Austin, Texas, offers a prime opportunity for businesses seeking executive-level office space. The building boasts a total of 74,485 square feet, with multiple tenancy options available. Currently, there are 8,769 square feet of vacant space, divisible into units ranging from a minimum of 4,070 square feet to a maximum contiguous space of 4,699 square feet. The property features high-quality interior finishes and systems, creating a professional and sophisticated work environment. A striking two-story lobby enhances the building's impressive aesthetic. Convenient parking is provided at a ratio of 4.1 spaces per 1,000 rentable square feet. Situated in Travis County, with a 78735 zip code, this location provides easy access to Austin's vibrant business community. The building's modern design and amenities make it an ideal choice for businesses seeking a prestigious and functional workspace. This is a rare opportunity to secure high-quality office space in a desirable Austin location. Contact us today to learn more about available units and lease terms.

    Property Features for 5508 Highway 290

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    74,485 SF

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    Suite 300
    Size
    4,699 SF
    Space
    Suite 110
    Size
    4,070 SF

    HighLights

    • Three‑story office building totaling 74,485 square feet.
    • High‑end interior finishes throughout.
    • Two‑story lobby featuring an atrium.
    • 4.1 parking spaces per 1,000 square feet.
    • Shared tenant amenity spaces including seating and break areas.
    • Located in Southwest Austin with frontage on Highway 290 westbound.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Insurance Council of Texas Non-Profit Organization Social Security Administration Social Security Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.8571263
    Latitude
    30.2355023

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Austin office space available.
    Where is this office property / space located?
    The property is located at 5508 Highway 290 Austin, TX.
    What are key features of this property?
    This property features: Three-story office building totaling 74,485 square feet.; High-end interior finishes throughout.; Two-story lobby featuring an atrium.
    Request Owner's contact information
    5508 Highway 290 Austin, TX 78735
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    Austin, TX 78735
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5508 Highway 290 Austin, TX 78735
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