Frank Commercial Condos

900 South 1st Street Austin, TX 78704

900 South 1st Street, Austin, TX, 78704
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FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Sep 20, 2024

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Highlights


Description

Sayers Real Estate Advisors is pleased to offer the exclusive opportunity to acquire the commercial component of the Frank Condominiums, a mixed-use development prominently located at 900 S 1st St in Austin, Texas. The offering consists of three separate commercial units totaling 17,795 square feet. The units are available together or separate and offer a mix of layouts and delivery conditions, which can be attractive to a wide range of users from restaurant to retail and office. Additionally, the building's on-site garage offers an above market parking ratio with designated parking included in the purchase price.

Located at 900 S 1st St, the property is strategically situated at the doorstep of downtown and is less than a mile from the Central Business District and South Congress. A unique artery of shops and restaurants, South 1st St is a local's favorite with some of the city's best lunch and dinner spots walking distance from 900 S 1st St. All three units will be sold vacant, positioning the opportunity for an investor or owner/user looking to capitalize on unique commercial space in an irreplaceable location.

8,050 SF fully-furnished office for lease in trophy location on S 1st St less than a mile from downtown. Build out includes multiple conference rooms, 4 private offices + 5 call pods, multiple bullpen or open workspaces, as well as reception, restrooms, and kitchen/breakroom. 45 parking spaces in the building's garage are included.

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Year Built: 2019
Building Size: 17795sq ft
Building Class: A
Lot Size: 0 acres


Documents

Frank Commercial - Sale Brochure

Units for Lease

Unit 110
Space Available: 8050 SF
Lease Type: NNN

Price Per Sqft/Month: $40.00

Map of 900 South 1st Street, Austin, TX, 78704

Presented by:
Sayers Real Estate Advisors, Inc.

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Jake Malone


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.