OVERVIEW

2603 S Congress Ave consists of 5,184 SF retail/office building on a 0.5492 AC parcel. It includes a fenced and gated yard with an additional private parking lot. Located 2 miles South of Downtown Austin along iconic South Congress Ave, this Dick Clark designed building features an open floor plan which shows off its large showroom, restroom, kitchen area, large patio and ample storage space. Historic oak trees provide naturally shaded parking along the south side and the back of the building, accessible to anyone driving or walking down the redeveloping South Congress Ave. Walk score of 79 with quick and easy access to a variety of nearby amenities.

The property is 100% leased to Nest Modern on a long term NNN lease which was recently renewed. This unique property creates an excellent opportunity for an investor wishing to own a fully leased, thriving, retail property along the highly traveled South Congress Ave in one of the most popular destinations in Austin, TX.

FEATURES

  • Rare Purchase Opportunity Along Highly Visible South Congress Avenue
  • Local High Credit Tenant Successfully Operating for Over 18 years
  • Variety of Zoning Uses Including Mixed-use Zoning Allowing for Multiple Uses
  • Opportunity for Further Development in Back of Property
  • 100% Leased
  • 9 Years Remaining on Lease
  • Single Tenancy
  • NNN Investment

PROPERTY

Property Type

Retail

RBA (sf)

5184

Tenancy

Single

Construction

Masonry

Parking Type

Surface

Land Area (ac)

0.5493

Zoning

CS-MU-V-NP

DETAILS

The property is 100% leased to Nest Modern on a long term NNN lease which was recently renewed. This unique property creates an excellent opportunity for an investor wishing to own a fully leased, thriving, retail property along the highly traveled South Congress Ave in one of the most popular destinations in Austin, TX.

Sale Type

Investment

Price

Contact For Price

AGENTS

Penn Bloxsom

Associate
Email: [email protected]
Direct: 713.449.1024

Andrew Karr

Principal
Email: [email protected]
Direct: 512.961.1883

Connally McKay

Vice President
Email: [email protected]
Direct: 512.965.2077

DOCUMENTS

PHOTOS