Overview
Cushman & Wakefield’s Central Texas Capital Markets Team is pleased to present 712 Congress, an exclusive opportunity for potential owner occupants and investors to acquire an exceptionally maintained historic building with a coveted Congress address. The property offers 26,313 square feet of space across three floors and two mezzanine levels. The property is currently vacant offering a unique opportunity for a full building owner occupant to establish a presence and plant a flag along a prominent Congress corridor. The property also presents a blank canvas for investors for a variety of uses and has potential for vertical redevelopment with certain restrictions. 712 Congress is a generational opportunity to acquire an exceptional asset in one of the highest barrier to entry corridors in the country.
Investment Highlights
Exclusive Full Building User Opportunity on Congress Avenue
- Unique opportunity for a user to create their own brand on Congress Avenue
- Historic designation with original façade provides one of a kind environment
- Building layout features unique collaborative space ideal for a user
- No similar size user opportunities available in downtown Austin
- Low rise views of Congress with potential for a wide variety of uses including retail, office, restaurants, or club concepts
The Main Street of Texas
- Congress Avenue address is one of the most coveted in the United States
- 10th Most Desirable Street in the US for commercial real estate
- Unmatched visibility with signage opportunities
- Walker’s Paradise with a Walk Score of 98 offering numerous retail, restaurant, and entertainment amenities in the immediate vicinity
- Resilient rent growth for high quality assets in primary locations
Property Description
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