Marcus & Millichap is pleased to offer for sale 5700 S Congress Avenue, Austin, TX. located at 5700 S Congress Avenue, Austin, TX. This 11,310
SF retail/industrial building was built in 1984 and is situated on 0.769 AC. The site includes 20 parking spaces.
Presently, Texas Tractor & Lawn Equipment is leasing the property on a month-to-month basis for $5,500/NNN, and have occupied the property
since 1999. They are responsible for all expenses except for roof, structure, and the first $5,000 of property taxes. The present zoning on-site is
GR-MU-CO-NP, LO-NP (per Austin Property Profile). Presently, there is a ROFR from the tenant to purchase the property.
The site offers direct access from South Congress Avenue, boasting 30,414 VPD and secondary access to the rear of the property from Sandra
Street. Within the corridor, there are several notable residential and apartment complexes such as Bexley SOCO, Avana SOCO, Settler Condos,
Matador, Sur 512, 44 South, and many more. The corridor sports a mix of well known local retailers such as Sagebrush, Custom Sounds, SOCO
Pet Lounge, with a mix of national retailers as well (CVS, Benjamin Moore, 7-Eleven, etc). Nearby growth has been strong - a 14.6 percent
population increase with an annual household income of $88,978, both within a mile of the site.