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Two-Building Office Development with Outdoor Seating
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9500 W Parmer Ln, Austin, TX 78717

New, shovel-ready two-building office development with covered parking and outdoor seating for tenant use.

Property Size11,128 SF
Days on Market1019

Property Features for 9500 W Parmer Ln

General Information

Standard status Active
Size 11,128 SF
Property subtype OFFICE
Lease Type SF/yr

Site & Location

Highway Access Yes
Road Access Yes

Amenities

outdoor seating
covered parking
Listing Agency: Aquila Commercial
Listed By: Leigh Ellis
Source: Moodyscre
Added: Oct 17, 2023 Changed: Jul 26 Last Checked: Jul 31 at 10:51AM

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 Aquila Commercial

Investment Insights

Based on property information with market context.

This new two-building office development is shovel-ready, with site development permit secured and construction underway for Building 1. The project is designed with a generous parking ratio of 5:1,000 and includes outdoor seating for tenant and visitor use, along with covered parking. Both buildings are offered with lease and sale opportunities, subject to inquiry.

Located at the corner of Parmer Lane and Spectrum Drive, the property provides easy access to SH-45. It is described as minutes from the new Apple campus and is also positioned near dining options including Snap Kitchen, Tony C’s, and Moonshine Avery Ranch. The remarks further cite proximity to the Domain area and the Lakeline shopping/dining area.

The site also notes proximity to Trailhead Park and its amenities, including a pool, playground, tennis court, and basketball court. Building 1 is listed at 33,669 SF and is under construction.

Key Highlights

  • New, two‑building office development at the corner of Parmer Ln and Spectrum Dr
  • Site development permit secured—shovel ready for development
  • Building 1 offers 33,669 SF (under construction) with lease and sale opportunities

Property Analytics

Current Use

Joe Bland Construction ... Construction Company Blue Dragon Shamanic ... Physician Simple Search Apartments Real Estate Agency Santa Christmas Letters Home Decor Store JB Concrete Services Construction Company

Suggested Use

Top Pick Law Firm Parking Lot & Garage Hair Salon Building Supply HVAC Service Electrical Service

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

391
Businesses Nearby

Demographics for 78717, TX

36,987
Population
14,508
Households
2.5
Avg Household Size
35
Median Age
67%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
2,845
Density / Sq Mi
$140,483
Median Household Income
$71,236
Median Earnings
$1,833
Median Rent
$599,200
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 8% 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 - New, shovel-ready two-building office development with covered parking and outdoor seating for tenant use.
Where is this office building located?
The property is located at 9500 W Parmer Ln Austin, TX.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: New, two‑building office development at the corner of Parmer Ln and Spectrum Dr; Site development permit secured—shovel ready for development; Building 1 offers 33,669 SF (under construction) with lease and sale opportunities
(512) 632-7167 Call to check price and availability
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