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INVESTMENT HIGHLIGHTS
- Exceptional signage opportunities along South Lamar, ensuring your business stands out.
- A wealth of nearby dining, retail, and fitness options, all within walking distance
- Just minutes from downtown Austin and South Congress, in the sought-after 78704 zip code.
- Modern, high-quality finishes with excellent natural light throughout the property.
EXECUTIVE SUMMARY
Colliers is pleased to present the Mirabeau Retail/Office project on South Lamar for sale to investors or owner/user buyers looking to own their own building in an incredible location. Mirabeau is a 30,100 square foot creative office and retail building, ideally located on Austin’s bustling South Lamar “SOLA” corridor. Built-in 2018, the property offers modern construction and an impressive range of nearby amenities, making it a prime choice for office users seeking space in one of Austin’s most vibrant areas. The second and third floors of Mirabeau each feature 10,699 square feet (21,398 total square feet) of beautifully finished office space, including outdoor balconies on each floor, ready to be tailored to your business needs. The current office lease expires September 30, 2025 offering buyers time to plan for renovations to the space or market the space to new tenants. The first floor of the building is leased to a mix of dynamic retail tenants, including Y7 Fitness, EarthWise Pet, BE Fit Pilates, and Deca Dental. The retail lease expirations are balanced with a weighted average lease term of 4.16 years. Mirabeau is located on South Lamar, just 2 miles south of downtown and 1.7 miles west of South Congress. The project offers immediate north/south accessibility along Lamar Boulevard, and it is approximately 1.5 miles north of the prominent East/West corridor of Hwy 290/71. Mirabeau’s premier location puts it within immediate proximity to multiple iconic “SOLA” establishments such as Loro, Black Sheep Lodge, Uchi Sushi, Matt’s El Rancho and The Broken Spoke. Mirabeau offers excellent visibility and signage opportunities for users along South Lamar Blvd. The Barton Hills, Zilker and Bouldin Creek neighborhoods surrounding the property are some of the most desirable in Austin with high average incomes and residential real estate prices. The large Brodie Oaks Redevelopment is 1.3 miles to the South. At full completion it will have 1,260,000 SF of office space, 1,700 residential units, restaurants and retail space.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
30,100 SF
Building Class
B
Year Built
2017
Percent Leased
53%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,699 SF
Building FAR
0.68
Lot Size
1.01 AC
Zoning
CS and LO
Parking
25 Spaces (0.83 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
- Natural Light
- Wi-Fi
- Outdoor Seating
- Air Conditioning
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Number | 303158 | Improvements Assessment | $3,155,171 |
| Land Assessment | $6,272,280 | Total Assessment | $9,427,451 |
PROPERTY TAXES
Parcel Number
303158
Land Assessment
$6,272,280
Improvements Assessment
$3,155,171
Total Assessment
$9,427,451
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Mirabeau | 2330 S Lamar Blvd
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