505 E 7th St
Austin, TX 78701
$2,400,000
$408 per sq. ft.
Prime Austin CBD location
High foot traffic area
Great visibility and accessibility
Strategic position for future growth
Strong rental income potential
Commercial Property
Status: for sale
Prime Investment Opportunity in Austin’s Central Business District
Seize a rare chance to invest in a 6,361 sq. ft. property in the heart of Austin’s Central Business District, priced at just $408 per sq. ft. Currently home to Kingdom Nightclub, this asset offers incredible long-term potential with a below-market lease of $43,512 per year NNN, secured through 2030 with 4% annual increases. Comparable market rents of $40-$45 per sq. ft. suggest substantial upside upon lease expiration, positioning this property for significant appreciation. Just one block from the transformative 6th Street revitalization project, this prime location is ideal for investors and developers looking to capitalize on Austin’s explosive growth.
6,361 Sq Ft | Commercial Property | Austin, TX | $2,400,000
