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Aspen Lake Three

Off-Market

10355 Pecan Park Blvd, Austin, TX 78750

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 128,990 Sqft
  • Lot Size 10.36 Acre
  • Parking Spaces Avail. 580
  • Parking Ratio 4.50/ 1,000 SF
  • Property Tenancy Single Tenant
  • LEED Proposed
  • Building Class A
  • Year Built 2021

Location

  • City Austin, TX
  • Neighborhood Anderson Mill - Jollyville
  • Zip Code 78750
  • Market Austin

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 17 Jun, 2021
  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Austin

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Austin Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $42.69
  • 2020 Office Vacancy Rate 10.80%
  • 2020 Office Completions (Sqft) 2,832,282

Austin Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $281.07
  • Y-o-Y Avg. PpSF Change -39.46%
  • 2020 Office Sales Volume $215.3M
  • 2020 Number of Transactions 7
View more Austin market trends

Tax

  • Property Tax in 2020 $69,942
  • Market Value $2,990,015
  • Assessed Value $2,990,015

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Aspen Lake Three?

Aspen Lake Three totals 128,990 square feet.

When was this property built?

Aspen Lake Three was built in 2021.

When was Aspen Lake Three last sold?

Aspen Lake Three was last sold on 17 Jun, 2021.

What is the property tax for Aspen Lake Three?

The property tax for Aspen Lake Three in 2020 was $69,942.

What is the market value for Aspen Lake Three?

The market value for Aspen Lake Three in 2020 was $2,990,015.

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