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Shops at Jefferson 3700-3708 Jefferson St 17,074 SF 49% Leased Retail Building Austin, TX 78731 For Sale
Investment Highlights
- Located in the heart of Central Austin
- Value-add retail center
Executive Summary
Located in the heart of Central Austin on Jefferson Street, the Property offers immediate access to 35th Street — a primary connector between Central and West Austin. Just minutes from Bryker Woods, Tarrytown, and Rosedale, it sits amid some of the city’s most desirable neighborhoods and within a 1-mile radius of households with an average income exceeding $200K.
Given the infill nature, the Property is one of the few surface parked retail centers as surrounding sites have made way for vertical mixed-use. Nearby economic drivers include Ascension Seton Main Hospital, The Grove mixed use development, and adjacent medical office buildings providing continued daytime traffic to the center.
Currently 49% leased, the Property features one contiguous 8,774 that was recently vacated. In addition to ownership allowing the purchaser to lease-up the vacant space, in-place rents are approximately 65% below market.
Shops at Jefferson offers investors an opportunity to acquire a value-add retail center in the heart of Central Austin well below replacement costs.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Jefferson Nails
- Services
- -
- -
- -
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- Health Care and Social Assistance
- -
- -
- -
Quest Diagnostics began in 1967 as Metropolitan Pathology Laboratory in New York and later became an independent company under the Quest name after a spin-off from Corning. Quest Diagnostics now focuses on diagnostic information services, offering laboratory testing, gene-based and molecular testing, healthcare information technology, data analytics, lab services, and lab operations. Quest Diagnostics also supports clinicians and consumers through a national laboratory network, patient testing locations, specialty labs, and international collaborations in markets such as India, Ireland, and Mexico.
- Spicy Szechuan
- Accommodation and Food Services
- -
- -
- -
- Sportsman's Barber Shop
- Services
- -
- -
- -
-
- Health Care and Social Assistance
- -
- -
- -
WellMed is a physician-led healthcare organization focused on delivering proactive and preventive primary care, primarily serving older adults. Founded in 1990, the group has grown from a single San Antonio clinic into a large network of clinicians providing coordinated medical services to senior populations. With an emphasis on chronic disease management and whole-patient wellness, WellMed offers services that include general primary care, disease management, palliative care, and specialty coordination. The organization’s care model is structured around prevention, long-term health planning, and patient education. Today, WellMed operates across Texas and Florida and supports more than one million older adults through thousands of affiliated providers, clinics, and care partners. As part of a broader health network, WellMed’s mission centers on helping patients stay healthy, reducing hospitalizations, and improving quality of life through consistent, comprehensive medical care.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Jefferson Nails | Services | - | - | - | ||
|
|
Health Care and Social Assistance | - | - | - | ||
| Spicy Szechuan | Accommodation and Food Services | - | - | - | ||
| Sportsman's Barber Shop | Services | - | - | - | ||
|
|
Health Care and Social Assistance | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
3700 Jefferson is a 17,800 square foot Retail, Medical Office project. This development enjoys convenient access to Mopac, Lamar Boulevard and surrounding Central Austin area amenities. The building has abundant surface parking and easy walk up access to storefronts. The building fronts Jefferson Street providing easy access to area restaurants, Seton Hospital, Heart Hospital of Austin, MoPac Expressway, Lamar Boulevard, and The University of Texas, and is within five minutes of the Central Business District.
| Space | Size | Space Use | Position | Available |
| 3708A | 8,774 SF | Office/Medical | End Cap | 30 Days |
3708A
| Size |
| 8,774 SF |
| Space Use |
| Office/Medical |
| Position |
| End Cap |
| Available |
| 30 Days |
3708A
| Size | 8,774 SF |
| Space Use | Office/Medical |
| Position | End Cap |
| Available | 30 Days |
3700 Jefferson is a 17,800 square foot Retail, Medical Office project. This development enjoys convenient access to Mopac, Lamar Boulevard and surrounding Central Austin area amenities. The building has abundant surface parking and easy walk up access to storefronts. The building fronts Jefferson Street providing easy access to area restaurants, Seton Hospital, Heart Hospital of Austin, MoPac Expressway, Lamar Boulevard, and The University of Texas, and is within five minutes of the Central Business District.
Nearby Major Retailers
Property Taxes
| Parcel Number | 121476 | Improvements Assessment | $1,825,841 |
| Land Assessment | $2,772,700 | Total Assessment | $4,598,541 |
Property Taxes
Presented by
Shops at Jefferson | 3700-3708 Jefferson St
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