Offering Introduction
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.
Investment Highlights
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.
The 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.
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.
Market Overview
35th at Jefferson sits within an area of substantial development and economic activity.
Central Austin is known for its strong demographics and proximity to the affluent neighborhoods including Bryker Woods, Hancock, and Old West Austin, among others. The area also offers quick access to many of Austin’s major thoroughfares including I-35, Loop 1 South and Lamar Boulevard. In addition, Central Austin is one of Austin’s premier retail submarkets which has maintained occupancy and stable rents.
Tenant Highlights
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.
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Contact Us
Cathy Nabours
SVP & Managing Principal, Capital Markets
512.236.4613
TX License No 479015