- For Sale $8,900,000
- Property Type Office - General Office
- Property Size 53,919 SF
- Lot Size 2.71 SF
- Year Built 1971
- Date Updated Sep 27, 2026
Description
Colliers is pleased to offer Chase Park Building 3 OM, a 53,919-square-foot, three-story office building located at 313 E. Anderson Lane, Austin, Texas 78752. Positioned on a 2.713-acre site at the highly visible intersection of Interstate 35 and Highway 183, the property presents a rare opportunity for investors and owner-users seeking stable in-place income with future occupancy flexibility. The asset is offered for $8,900,000 and is situated within a designated Opportunity Zone.
The building has undergone significant renovations, including fully remodeled second and third floors with high-end finishes and a modernized first-floor lobby featuring a dramatic two-story internal stairwell. Currently 100% leased to the State of Texas Department of Emergency Management through April 30, 2027, the property generates approximately $1,045,317 in annual net operating income, providing immediate cash flow while allowing time for future occupancy or leasing strategies.
With 178 parking spaces, a 3.41/1,000 SF parking ratio, excellent freeway access, and strong visibility along Highway 183, Chase Park Building 3 offers a compelling combination of income, accessibility, and long-term value in one of Austin's most dynamic business corridors.
100% Occupied
False