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Chase Park 4 7715 Chevy Chase Dr

51,868 SF Vacant Office Building Austin, TX 78752 £4,655,100 (£90/SF)

Executive Summary

Colliers is pleased to present Chase Park Building 4 and Chase Park Building 5, a two-building, 7.84 acre office campus containing 109,336 square feet located in an opportunity zone at the corner of I-35 & Hwy 183 in Austin. There are very few land tracts of this size available for sale in an opportunity zone, and none on IH-35. The existing office buildings are well-maintained, multi-tenant office buildings with
dramatic full height building atriums. Buildings 4 & 5 are connected by a unique sky bridge offering internal circulation between both buildings. They also share the use of the 2.27 acre east parking lot fronting on IH-35. The east parking lot could be developed in the short term or held with the remainder of the property longer term.

Data Room Click Here to Access

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
51,868 SF
Building Class
B
Year Built/Renovated
1973/2015
Price
£4,655,100
Price Per SF
£90
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
25,934 SF
Slab to Slab
12 ft
Building FAR
0.36
Land Acres
3.33 AC
Opportunity Zone
Yes
Zoning
CS-NP
Parking
200 Spaces (3.86 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Bus Route
  • Property Manager on Site
  • Security System
  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 100
  • 12,743 SF
  • Office
  • Full Build-Out
  • Now
  • 1st Fl-Ste 120
  • 8,600 SF
  • Office
  • Full Build-Out
  • Now
  • 1st Fl-Ste 130
  • 4,050 SF
  • Office
  • Full Build-Out
  • Now

- Desirable North Central location - Great parking, Surface parking at a ratio of 4:1,000 SF - Major hotels, shopping, restaurants and employers within a one-mile radius - Park-like landscape - Potential monument signage available - Excellent access. Conveniently located at the corner of Hwy 183 & IH-35 - On-site deli, management & security within the parking - AT&T GigaPower fiber service throughout the park

  • 2nd Fl-Ste 225
  • 15,743 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 250
  • 10,732 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 100 12,743 SF Office Full Build-Out Now
1st Fl-Ste 120 8,600 SF Office Full Build-Out Now
1st Fl-Ste 130 4,050 SF Office Full Build-Out Now
2nd Fl-Ste 225 15,743 SF Office Full Build-Out Now
2nd Fl-Ste 250 10,732 SF Office Full Build-Out Now

1st Fl-Ste 100

Size
12,743 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 120

Size
8,600 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 130

Size
4,050 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 225

Size
15,743 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 250

Size
10,732 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 130

Size 4,050 SF
Space Use Office
Condition Full Build-Out
Available Now

- Desirable North Central location - Great parking, Surface parking at a ratio of 4:1,000 SF - Major hotels, shopping, restaurants and employers within a one-mile radius - Park-like landscape - Potential monument signage available - Excellent access. Conveniently located at the corner of Hwy 183 & IH-35 - On-site deli, management & security within the parking - AT&T GigaPower fiber service throughout the park

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
234106
Land Assessment
£1,718,683 (2023)
Improvements Assessment
£4,042,557 (2023)
Total Assessment
£5,761,239 (2023)
  • Listing ID: 31903223

  • Date on Market: 23/05/2024

  • Last Updated:

  • Address: 7715 Chevy Chase Dr, Austin, TX 78752

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