Office for Lease in Austin, TX

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Austin, TX 78701

Description

3rd & Trinity is a 19,964 SF retail/creative office property located in the heart of downtown Austin, directly across from the Austin Convention Center. The Austin Convention center attracts hundreds of thousands of visitors each year, including 150,000+ for the South by Southwest Festival alone.

Market Context

This office in Austin, TX is listed for lease. It has been on the market for 148 days. Compare it against other office listings for lease in Austin, TX — <a href="/search/lease/office/texas/austin">view the full market</a>.

As of Q1 2026, the Austin office market showed average asking rents near $36.92/SF/yr, and cap rates around 6.5%. Source: Consensus Q1 2026 market report.

Office market FAQ

What is the typical cap rate for office in Austin?
About 6.5% as of Q1 2026, per Consensus.

Unified Estimate

Very Low Confidence

$19.22/SF/mo – $25.99/SF/mo

Mid: $22.60/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market cincinnati (similarity: 100%) with 7 comparable listings.

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