1507 Nueces St | Austin, TX 78701 - Edge Realty Partners
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FRE E S TA N D I N G B U I L D I N G FO R L E AS E I N D OW N TOW N AU S T I N 1507 Nueces St | Austin, TX 78701 Cole Brodhead Hutch Hutchings John Hopkins Principal Assistant Vice President Senior Associate cbrodhead@edge-re.com hhutchings@edge-re.com jhopkins@edge-re.com 512.660.5055 512.391.6275 512.660.5050 Edge Realty Partners | 623 W 38th Street, Suite 310, Austin, Texas 78705 512.391.6220 | edge-re.com
1 5 0 7 N U E C E S S T | P R O P E R T Y I N F O R M AT I O N 2021 DEMOGRAPHIC SNAPSHOT P R O P E R T Y I N F O R M AT I O N 1 MILE 32,563 1 MILE 137,622 • Total Size: 4,944 SF • Located in the heart of the Central Business District and just 3 MILE 160,683 3 MILE 299,812 a few blocks UT POPULATION DAYTIME 5 MILE 357,455 POPULATION 5 MILE 569,788 • Perfect redevelopment for area in need of new restaurants • Landlord is open to all uses on the property 1 MILE 11,165 1 MILE $81,469 • Area Retailers: Whole Foods, Target, REI, Book People, Starbucks, Wells Fargo, Clay Pit, Sushi Junai, Pheobe's, 3 MILE 73,078 3 MILE $92,112 Raising Cane's, 7-eleven, Chick-Fil-A, Tiff's Treats, Olamaie HOUSEHOLDS AHHI 5 MILE $85,094 5 MILE 154,538 LOCATION AVAILABLE SPACE TRAFFIC COUNTS RATE 1507-1509 Nueces St 1,236-4,944SF 34,135 CPD 4,531 CPD Please call for pricing Austin, TX 78701 W 15TH ST NUECES ST Hutch Hutchings | hhutchings@edge-re.com | 512.391.6275 John Hopkins | jhopkins@edge-re.com | 512.660.5050 Edge Realty Partners | 623 West 38th Street, Suite 310, Austin, Texas 78705 | 512.391.6220 | edge-re.com
1 5 0 7 N U E C E S S T | A U S T I N I N F O R M AT I O N DOWNTOWN by the numbers Austin When Austin prospers, the entire region prospers. As the center of our region’s economy, Austin continues to see masive growth. Downtown Austin is our region’s 12,728 $624M 12,359 99k central business and employment district. Residential Combined Tax Hotel Rooms Employees Units Revenue Austin is a city thousands of people call home. It’s a destination for visitors from around the world seeking entertainment, art, history and culture. It’s the seat of our state government, and the "Live Music Capital of the World." People from near and far, gather here for the connection, the 16k 150 15mi 190 Residents Acres of Parkland Downtown Area Historic music, and the community. Trails Locations (Downtown Austin Alliance) DEVELOPMENTAL PIPELINE # OF RESIDENTIAL HOTEL PIPELINE STATUS OFFICE SF PROJECTS UNITS ROOMS RECENTLY COMPLETED 3 0 0 1,099 9.2M UNDER CONSTRUCTION 28 3,691 5,136,691 698 19M Total SF Space PROPOSED/ IN Total SF Space PLANNING 32 3,724 5,590,686 2,195 Under Construction Proposed / Planning Source: Downtown Austin Alliance Emerging Projects Database (April 2021) Hutch Hutchings | hhutchings@edge-re.com | 512.391.6275 John Hopkins | jhopkins@edge-re.com | 512.660.5050 Edge Realty Partners | 623 West 38th Street, Suite 310, Austin, Texas 78705 | 512.391.6220 | edge-re.com
1507 NUECES ST | AERIAL Hutch Hutchings | hhutchings@edge-re.com | 512.391.6275 John Hopkins | jhopkins@edge-re.com | 512.660.5050 Edge Realty Partners | 623 West 38th Street, Suite 310, Austin, Texas 78705 | 512.391.6220 | edge-re.com
1507 NUECES ST | AERIAL Continued on next page Hutch Hutchings | hhutchings@edge-re.com | 512.391.6275 John Hopkins | jhopkins@edge-re.com | 512.660.5050 Edge Realty Partners | 623 West 38th Street, Suite 310, Austin, Texas 78705 | 512.391.6220 | edge-re.com
Continued from last page RESTAURANT HOTEL 1.The Grove Wine Bar + 32. Fareground Food Hall 64. Spartan Pizza 1. La Quinta 11. Hilton Garden Inn 22. Hyatt Regency Kitchen 33. Cooper’s BBQ 65. Buenos Aires 2. Sheraton Austin 12. Hilton Austin 23. Wyndham Austin 2. Sammies Italian 34. Swift’s Attic 66. Macroband 3. Lyric 13. Courtyard by Marriott 24. The Fairmont 3.Irene’s 35. Cava 67. Licha’s Cantina 4. Hyatt House 14. The Westin Austin 25. Native Hostel 4.J. Carvers Oyster Bar 36. Velvet Taco 68. Angie’s 5. Holiday Inn Express 15. Hyatt Place Austin 26 Austin Proper 5.True Food Kitchen 37. Comedor 69. Kebabalicious 6. Hotel Indigo 16. Hampton Inn 27. The Guild East Side 6.Walton’s Fancy & Staple 38. Ruth’s Chris Steak House 70. Wilder Wood 7. Omni Austin 17. The Line 7.Ranch 616 39. Quattro Gatti 71. Revelry Kitchen 8. InterContinental Stephen 18. Four Seasons 8. Fixe 40. Chipotle 72. Cisco’s F Austin 19. JW Marriott 9. Wu Chow 41. Roaring Fork 73. Ramen Tatsu-ya 9. Element Austin 20. W Austin 10. Polvos 42. Eureka 74. II Brutto 10. The Driskill 21. Aloft Austin 11. ATX Cocina 43. Gus’s Fried Chicken 75. La Matta 12. Lambert’s 44. P.F. Chang’s 76. Gyu-Kaku Sushi 13. Fleming’s Steakhouse 45. Cafe Blue 77. Easy Tiger 14. La Condesa 46. Fogo de Chao Brazilian 78. Old Thousand 15. Gloria’s Steakhouse 79. Rollin Smoke BBQ 16. III Forks 47. Max’s Wine Dive 80. Hillside Farmacy 17. North Italia 48. Cedar Door 81. Rosewood 18. Trace 49. Vince Young Steakhouse 82. Micklethwait 19. Taverna 50. Caroline 83. Nasha 20. Bar Chi Sushi 51. Backspace 84. Hopdoddy 21. Bob’s Steak & Chophouse 52. Parkside 85. Chipotle 22. Peche 53. Iron Cactus 86. Krab Kingz Seafood 23. Truluck’s 54. Micheladas Cafe y Cantina 87. Snooze AM Eatery 24. Lonesome Dove 55. Iron Works BBQ 88. Fukumoto Sushi 25. Numero28 56. Moonshine Grill 26. Perry’s Steakhouse 57. Eddie V’s 27. Capital Grille 58. Stubb’s Bar-B-Q 28. Red Ash 59. Veracruz 29. RA Sushi Bar 60. Garrison 61. IHOP 30. Corner Restaurant & Bar 62. Franklin Barbecue 31. Arlo Grey 63. Gabrielas Hutch Hutchings | hhutchings@edge-re.com | 512.391.6275 John Hopkins | jhopkins@edge-re.com | 512.660.5050 Edge Realty Partners | 623 West 38th Street, Suite 310, Austin, Texas 78705 | 512.391.6220 | edge-re.com
1507 NUECES ST | AERIAL Continued on next page Hutch Hutchings | hhutchings@edge-re.com | 512.391.6275 John Hopkins | jhopkins@edge-re.com | 512.660.5050 Edge Realty Partners | 623 West 38th Street, Suite 310, Austin, Texas 78705 | 512.391.6220 | edge-re.com
Continued from last page OFFICE/MIX RESIDENTIAL/MIX 1. River South 14. 4 05 Colorado 27. Perry Brooks Tower 1. Gables Park Plaza 23. Brown Building 45. Residences at Plaza Office: 328,458sf Office 228,606 sf 163,585 sf 2. Gables Park Tower 24. Westgate Tower Saltillo Retail: 17,277 sf Retail: 3,665 sf 28. 823 Congress 3. The Bowie 25. The Ashton 46. The Seville on 4th 2. Shoal creek walk 15. C olorado Tower 220,022 sf 4. Monarch Apartments 26. The Austonian 47. Foundry - East 4th 218,180 sf 373,334 sf 29. 816 Congress Ave 5. Seaholm Residences 27. Littlefield Quarters 48. The East Village 3. Shoal Creek Walk 2 - Un- 16. 3 00 Colorado 433,024 sf 6. Gables West Avenue 28. Brazos Place 49. East Village Apartments der Construction (UC) Office: 358,000 sf 30. Capitol Center 7. The Monarch by Windsor 29. Brazos Lofts 50. Candela Apartments Office: 143,800sf Retail: 9,655 sf 189,000 sf 8. Austin City Lofts 30. The Whitley 51. The Indie 4. 701 Rio Grand 17. F rost Bank Tower 31. 1001 Congress 9. Fifth & West 31. Four Seasons Residences 52. The Arnold Office: 116,929sf 535,078 sf 24,737 sf 10. 404 Rio Grande 32. Railyard Condominiums 53. Eastside Station 5. Horizon Bank Redev.. - UC 18. 3 01 Congress 32. Innovation Tower - UC 11. The Independent 33. Capital Studios 54. Fourth& Office: 135,822 sf 428,419 sf Office: 325,000 sf 12. Austin Proper Residences 34. Avenue Lofts 55. Symphony Square - UC Retail: 2,936 sf 19. 1 00 Congress 33. 1836 San Jacinto 13. 360 Condominiums 35. The 5 Fifty-Five 56. Alexan Capitol 6. IBC Bank Plaza 411,536sf 34. State Office Building 14. Seven Apartments 36. The Beverly 57. The Travis - UC 194,749 sf 20. O ne Congress Plaza 1 - UC 15. The Quincy 37. Sabine on 5th 58. 9092 Rainey Street 7. 3rd & Shoal 518,385 sf Office: 603,000 sf 16. 6x Guadalupe - UC 38. The Camden Rainey St (Future Apartment) 347,072 sf 21. S an Jacinto Center 35. State Office Building 17. Hanover Republic Square 39. The Avenir 59. The Linden - UC 8. Block 185 - UC 398,660 sf 2 - UC - UC (Under Construction) 60. The Cathrine Office: 793,883 sf 22. T he Quincy Office: 416,000sf 18. Posada Del Rey 40. Eleven by Windsor 61. The Spring Retail: 5,774 sf Office:77,781 36. SXSW Center 19. Northshore Austin 41. AMLI Eastside 62. 70 Rainey 9. 500 West 2nd Residential:330,451 Office: 143,988 sf 20. AMLI on 2nd 42. Tyndall at Robertson Hill 500,512 sf Retail:10,359 37. Westview 21. W Residences 43. 6th & Brushy Condos 10. 300 West 6th 23. W aterloo Central - UC Office: 98,500sf 22. Plaza Lofts 44. Corazon Apartments 454,225 sf Office: 39,000 sf Retail: 4,005sf 11. Indeed Tower 24. 9 01 E 6th 38. Texas Bankers Associa- PLANNED/PROPOSED Office 667,103sf Office:123,944sf tion - UC Retail: 11,817sf Retail: 8,637sf Office: 95,352 sf 12. Chase Tower 25. 2 11 Seventh Retail: 8,274 sf 1. Austin American States- 8. Block 16 Apartment: 644 units 398,503 sf 159,313 sf man Office: 733,151 Retail: 5,000sf 13. One American Center 26. A ustin Centre Mixed Use Retail: 1,556 15. Lady Bird Hotel 503,951 sf 326,335 sf 2. Zilker Point 9. 98 Red River 16. River St Residences Office: 159,736sf Office: 977,230 SF Residential: 540,960 sf 3. 701 W 6th Apartment: 352 units Retail: 13,240sf Residential: 330 units Hotel: 232 Units 17. Waterloo Park Tower 4. The Republic Retail: 20,025 sf Hotel Office: 800,987 sf 10. 9 7 Red River Hotel: 152,811 sf Retail: 19,423 sf Office: 875,000 sf Retail: 5,293 sf 5. 321 W 6th St Retail: 36,000 sf 18. Health South Redevelop- Office: 110,435 sf 11. T he Modern ment Residential: 397,719 sf Condo: 365 Units Office: 170,000sf Apartment: 363 units Retail: 12,000sf Residential: 420,000sf Retail: 943sf 12. 8 0 Red River P1 Retail: 25,000sf 6. 415 Colorado Residential: 656,517 sf 19. 14th & Guadalupe Office: 107,860 sf Retail: 2,400 sf Office: 310,437 sf Residential: 426,968 sf 13. 8 0 Red River P2 Retail: 2,196 sf 7. 4th & Brazos Residential: 656,517 sf 20. 410 Uptown Office 765,000 Hotel: 194,523 sf Office: 186,960 sf Retail: 48,000 14. 8 0 Rainey Hutch Hutchings | hhutchings@edge-re.com | 512.391.6275 John Hopkins | jhopkins@edge-re.com | 512.660.5050 Edge Realty Partners | 623 West 38th Street, Suite 310, Austin, Texas 78705 | 512.391.6220 | edge-re.com
1507 NUECES ST | SITE PLAN Hutch Hutchings | hhutchings@edge-re.com | 512.391.6275 John Hopkins | jhopkins@edge-re.com | 512.660.5050 Edge Realty Partners | 623 West 38th Street, Suite 310, Austin, Texas 78705 | 512.391.6220 | edge-re.com
Approved by the Texas Real Estate Commission for Voluntary Use Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. INFORMATION ABOUT BROKERAGE SERVICES Before working with a real estate broker, you should know buyer representation agreement. A buyer’s agent can assist in writing not to disclose unless authorized in writing to that the duties of a broker depend on whom the broker the owner but does not represent the owner and must disclose the information or required to do so by The Texas represents. If you are a prospective seller or landlord (owner) place the interests of the buyer first. The owner should not Real Estate License Act or a court order or if the information or a prospective buyer or tenant (buyer), you should know tell a buyer’s agent anything the owner would not want the materially relates to the condition of the property. that the broker who lists the property for sale or lease is the buyer to know because a buyer’s agent must disclose to With the parties’ consent, a broker acting as an intermediary owner’s agent. A broker who acts as a subagent represents the the buyer any material information known to the agent. between the parties may appoint a person who is licensed owner in cooperation with the listing broker. A broker who acts IF THE BROKER ACTS AS AN INTERMEDIARY: under The Texas Real Estate License Act and associated with as a buyer’s agent represents the buyer. A broker may act as A broker may act as an intermediary between the parties if the broker to communicate with and carry out instructions an intermediary between the parties if the parties consent in the broker complies with The Texas Real Estate License Act. of one party and another person who is licensed under writing. A broker can assist you in locating a property, preparing The broker must obtain the written consent of each party to that Act and associated with the broker to communicate a contract or lease, or obtaining financing without representing the transaction to act as an intermediary. The written consent with and carry out instructions of the other party. you. A broker is obligated by law to treat you honestly. must state who will pay the broker and, in conspicuous bold If you choose to have a broker represent you, IF THE BROKER REPRESENTS THE OWNER: or underlined print, set forth the br ker’s obligations as an you should enter into a written agreement with the broker that The broker becomes the owner’s agent by entering into an intermediary. The broker is required to treat each party honestly clearly establishes the broker’s obligations and your obligations. agreement with the owner, usually through a written - listing and fairly and to comply with The Texas Real Estate License The agreement should state how and by whom the broker will be agreement, or by agreeing to act as a subagent by accepting Act. A broker who acts as an intermediary in a transaction: paid. You have the right to choose the type of representation, if an offer of subagency from the listing broker. A subagent may (1) shall treat all parties honestly; any, you wish to receive. Your payment of a fee to a broker does work in a different real estate office. A listing broker or subagent not necessarily establish that the broker represents you. If you can assist the buyer but does not represent the buyer and (2) may not disclose that the owner will accept have any questions regarding the duties and responsibilities of the must place the interests of the owner first. The buyer should a price less than the asking price unless broker, you should resolve those questions before proceeding. not tell the owner’s agent anything the buyer would not want authorized in writing to do so by the owner; the owner to know because an owner’s agent must disclose (3) may not disclose that the buyer will pay a price to the owner any material information known to the agent. greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer’s agent by entering into an (4) may not disclose any confidential information or any agreement to represent the buyer, usually through a written information that a party specifically instructs the broker Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records. Edge Realty Partners LLC Edge Realty Partners LLC info@edge-re.com 512.391.6220 BROKER FIRM NAME LICENSE NO. EMAIL PHONE BUYER, SELLER, LANDLORD OR TENANT DATE Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960. IABS 1-0 11.02.2015
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