200 Congress AveAustin, TX 78704

For Sale
Call for price

Prime Austin retail, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents four retail condominium units totaling 17,647 square feet, located at 200 Congress Avenue in Austin, Texas's desirable Central retail submarket. The property, built in 2010, is situated within the prestigious Austonian luxury residential tower, offering high visibility and foot traffic. Currently boasting 100% occupancy with four established tenants—Fogo de Chao, Mason's Famous Lobster Rolls, Moreland Properties, and Urban Wine + Liquor—this two-story, 0.676-acre property presents a stable and lucrative investment. The property is zoned CBRE-CURE-CO and operates under a NNN lease structure. Its prime location in downtown Austin benefits from a Walk Score of 94, reflecting its pedestrian-friendly environment and proximity to numerous amenities. The strong tenant mix and high occupancy rates, coupled with Austin's thriving market, indicate a promising future for continued growth and rental income. This core investment opportunity offers a rare chance to acquire a highly desirable, fully occupied retail space in one of Austin's most sought-after locations. The property's condominium ownership structure provides additional flexibility and potential for future appreciation.

Highlights

  • High Walk Score of 94, excellent walkability to amenities.
  • Located in Austin's highly desirable Central Business District submarket.
  • Strong rental market with high occupancy and growing rental rates expected to continue.

Property Details for 200 Congress Ave

Property type
Other retail properties, Individual retail properties
Square Feet
17,647 SF
Year Built
2010
Stories
2
Lot Size (sq. ft)
29,447 SF
Units
4

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.264389234559
Longitude
-97.744579848962
200 Congress Ave, Austin, Texas

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200 Congress Ave
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