512-236-4613
3500 Jefferson St, Austin, TX for Sale
Office - FOR SALE
1/21
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3500 Jefferson St
Austin, TX 78731
Rosedale


HIGHLIGHTS

  • Highly stable mixed-use asset (Retail/Office)
  • Committed tenant base (average tenure 10.5+ years)
  • Impressive Presence & Visibility at the Lighted Intersection of 35th & Jefferson
  • Impeccable Maintained Legacy Asset with Continuous Ownership for 35+ Years
  • Limited Capital Needs Over Hold Period, Roof Replacement in 2026, Ongoing Improvements to Parking Structure including Repainting

OVERVIEW

SRS Capital Markets, National Multi-Tenant Advisory has been exclusively retained to offer qualified investors the opportunity to acquire 35th at Jefferson (the “Property”), a 45,850 SF mixed use retail and office asset in the heart of Central Austin. Surrounded by the affluent neighborhoods of Bryker Woods, Tarrytown, and Rosedale, the Property draws from a highly affluent trade area with average household incomes exceeding $200K. 35th at Jefferson serves as a key retail and medical destination for essential daily needs, while providing convenient, close-in office space for nearby decision makers and professionals. Property’s unique three-story design offers exceptional convenience, featuring an above-market parking ratio in a structured parking garage with access on every level. This configuration makes the upper floors ideal for traditional office, medical, and retail/restaurant uses. Currently 96% leased, the Property offers meaningful mark-to market upside. With in-place rents below market and no fixed rate renewal options, investors have immediate opportunities to grow NOI throughout the hold period. 35th at Jefferson presents the opportunity to acquire a highly stable mixed-use asset with a committed tenant base (average tenure 10.5+ years) in an irreplaceable Central Austin location proximate to the city’s most desirable neighborhoods and major employers

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

35th at Jefferson Mixed-Use (Retail/Office)

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

255

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

CS

APN/PARCEL ID

121477

ASK ABOUT THIS PROPERTY

Cathy NaboursSRS Real Estate PartnersMore Info
512-236-4613

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Cathy NaboursSRS Real Estate PartnersMore Info
512-236-4613

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.