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Phillips Building 103-105 E 5th St 7,155 SF of Office/Retail Space Available in Austin, TX 78701
Highlights
- Central Business District location
- Quick and easy access to nearby hotels
- Creative office space with street level showroom
- Walking distance to: Austin's MetroRail station, Austin Convention Center, and 6th Street Entertainment District
- Alternative to Downtown Austin's high-rise office space with cool, creative functionality
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
Located in the heart of downtown Austin, the Phillips building is completely built out, newly renovated, highly visible, has excellent curb appeal, good natural lighting, and is available immediately. The Phillips Building abuts the Frost Bank Tower, a 33-story class A office building with 525,000 square feet. The Property has ample nearby parking options and offers potential tenants the ability to control and brand their own building in a cost-efficient manner. Potential space uses include medical office, high-profile retail, creative office and event space.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Central Air Conditioning
- Wi-Fi Connectivity
- Natural Light
- Partially Built-Out as Professional Services Office
- Space is in Excellent Condition
- Kitchen
- High Ceilings
- Hardwood Floors
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 2nd Floor | 7,155 SF | 5-10 Years | $46.00 /SF/YR $3.83 /SF/MO $329,130 /YR $27,428 /MO | Office/Retail | Partial Build-Out | Now |
2nd Floor
| Size |
| 7,155 SF |
| Term |
| 5-10 Years |
| Rental Rate |
| $46.00 /SF/YR $3.83 /SF/MO $329,130 /YR $27,428 /MO |
| Space Use |
| Office/Retail |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Floor
| Size | 7,155 SF |
| Term | 5-10 Years |
| Rental Rate | $46.00 /SF/YR |
| Space Use | Office/Retail |
| Build-Out | Partial Build-Out |
| Available | Now |
Located in the heart of downtown Austin, the Phillips building is completely built out, newly renovated, highly visible, has excellent curb appeal, good natural lighting, and is available immediately. The Phillips Building abuts the Frost Bank Tower, a 33-story class A office building with 525,000 square feet. The Property has ample nearby parking options and offers potential tenants the ability to control and brand their own building in a cost-efficient manner. Potential space uses include medical office, high-profile retail, creative office and event space.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
- Space is in Excellent Condition
- Central Air Conditioning
- Kitchen
- Wi-Fi Connectivity
- High Ceilings
- Natural Light
- Hardwood Floors
Property Overview
The Phillips Building is a historical Creative Office / Retail space in the heart of flourishing downtown Austin, Texas. The 15,267 square foot property was built in 1917, renovated in 2019, and is located on 5th Street. The Phillips Building abuts the Frost Bank Tower, a 33-story class A office building with 525,000 square feet. The Property has ample nearby parking options and offers potential tenants the ability to control and brand their own building in a cost-efficient manner. Located near the intersection of 5th Street & Congress Avenue, and a short walk from restaurants such as Taco Deli, Cava, and Eddie V’s. The Phillips Building provides an alternative to Downtown Austin’s high-rise office space with cool, creative functionality in a historical landmark. The asset benefits from close-in convenience with extremely high visibility and a walking score of 97 Potential uses for the space include casual atmosphere bar/lounge, creative office space/showroom, or high profile retail space. The Property is walking distance to the MetroRail, 6th Street, the Austin Convention Center and many hotels, including the JW Marriott, The Fairmont, Hyatt Place, and the historic Driskill Hotel.
- 24 Hour Access
- Signage
- Kitchen
- High Ceilings
- Natural Light
- Hardwood Floors
- Monument Signage
- Air Conditioning
Property Facts
