211 East 7th

JLL Capital Markets advisors are pleased to present the opportunity to acquire 211 East 7th, Austin, TX.

This property represents a unique opportunity to acquire a landmark office building in a booming central business district. With its 162,002 sq ft. of office space built in 1973, 211 East 7th offers a compelling value-add investment for astute investors seeking to capitalize on its potential for transformation and lease-up, or conversion and redevelopment possibilities.

Situated on a ±0.746-acre tract, this property stands in the heart of downtown Austin, benefiting from a strong CBD market and dynamic economic backdrop. Currently, with an occupancy rate of 52%, there’s significant room to enhance cash flow through strategic leasing and modernization initiatives. The asset is available as office, office to multifamily conversion, or a covered land opportunity.

Located within a vibrant tech and innovation hub, the property is proximate to several major transportation corridors, ensuring easy accessibility. Austin's growth trajectory, bolstered by a surge of technology firms and a young, educated workforce, sets a favorable environment for value appreciation.

211 East 7th promises solid long term growth potential by leveraging Austin’s economic expansion, combining steady cash flow with opportunities for increased rent revenue through active asset management. This asset is poised to deliver compelling returns and bolster investment portfolios with diversification into a high-demand market.