Overview
Cushman & Wakefield’s Central Texas Capital Markets Team is pleased to present to the market 400 West, a unique asset located at 15th and Guadalupe Street. The building has great visibility and is within blocks of the Texas State Capitol and the University of Texas main campus. The current project is 288,694 square feet and 17 floors featuring panoramic views of the Capitol complex, University of Texas campus, and Austin’s dynamic Central Business District. The property’s location and zoning make it ideal for a live-work-play development.
Click the link below for a video overview of 400 West.
Property Video:
https://vimeo.com/1018488664/378cb47b9b?share=copy
Investment Highlights
Prime Location with Exceptional Access
• 400 West is easily walkable to the University of Texas Campus and the State Capitol of Texas
• Quick and easy access to the most prestigious residential neighborhoods in Austin (Tarrytown, Westlake, and Rollingwood)
• Over 35 restaurants within a two-mile radius of the project
• Walker's paradise with a score of 94 and transportation score of 70, according to WalkScore.com
Immediate Upside for Existing Space
• At 25% occupancy the project offers the buyer the ability to generate additional cash flow while redeveloping the garage site
• Ability to pursue user redevelopment opportunities due to 87% of the total leased square footage rolling in 2025
• Opportunity to drastically increase rents through renovations and an update of the project
Outstanding Development/Redevelopment Site
• Potential redevelopment plan to over 900,000 square feet of mixed-use space with a 15:1 FAR
• Numerous options to redevelop the site with multifamily, student housing, hotel, retail and office
• Outside the Capitol view corridor
Property Overview
Photo Gallery
