Miscellaneous
5700 South Congress | Austin, TX
5700 S Congress Ave, Austin, TX 78745
Listing Price: $2,425,000
Investment Overview
Marcus & Millichap is pleased to offer for sale 5700 S Congress Ave, Austin, TX. located at 5700 S Congress Ave, 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 Ave, boasting 30,414 VPD and secondary access to the rear of the property from Sandra St. 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.
5700 South Congress | Austin, TX
Investment Highlights
- Direct Access to South Congress Ave - Boasting 30,414 VPD
- New/Recent Apartment Developments - Bexley SOCO, Avana SOCO, Settler Condos, Matador, Sur 512, 44 South, etc.
- Strong Nearby Growth and Demographics - A 14.6 Percent Population Increase With an Annual Household Income of $88,978, Both Within a Mile of the Site.
Exclusively Listed By
Listing Price: $2,425,000
Investment Highlights
- Direct Access to South Congress Ave - Boasting 30,414 VPD
- New/Recent Apartment Developments - Bexley SOCO, Avana SOCO, Settler Condos, Matador, Sur 512, 44 South, etc.
- Strong Nearby Growth and Demographics - A 14.6 Percent Population Increase With an Annual Household Income of $88,978, Both Within a Mile of the Site.
Investment Overview
Marcus & Millichap is pleased to offer for sale 5700 S Congress Ave, Austin, TX. located at 5700 S Congress Ave, 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 Ave, boasting 30,414 VPD and secondary access to the rear of the property from Sandra St. 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.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
