Your email has been sent.
403 E Koenig Ln
Austin, TX 78751
The Hangar · Retail Property For Lease
Highlights
- Great location along Koenig Lane.
Property Facts
| Total Space Available | 1,978 SF | Apartment Style | Mid-Rise |
| No. Units | 210 | Building Size | 470,000 SF |
| Property Type | Multifamily | Year Built | 2027 |
| Property Subtype | Apartment | Construction Status | Under Construction |
| Total Space Available | 1,978 SF |
| No. Units | 210 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 470,000 SF |
| Year Built | 2027 |
| Construction Status | Under Construction |
About the Property
Hangar offers 1,978 SF of ground-floor retail plus a 504 SF patio at 403 E Koenig Lane. The space features double-height ceilings, blade-sign visibility to approximately 24,144 vehicles per day, a 2,500-gallon grease trap, dedicated back-of-house and trash areas, adjacent garage parking, and surrounding street and parallel parking. The mixed-use development will include 499 residential units at completion, with Phase I delivering 249 units and a public park in Q4 2026. The site is surrounded by a growing residential base and benefits from pedestrian connections to North Loop and 53rd Street, proximity to the Red Line, and convenient access to UT, Downtown Austin, and Austin-Bergstrom International Airport. With strong daytime demographics, built-in residential demand, an inviting patio, and infrastructure suited for food-and-beverage operations, the space is well positioned for an operator serving multiple dayparts.
