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Chase Park 5 7745 Chevy Chase Dr

57,468 SF 34% Leased Office Building Austin, TX 78752 £5,404,650 (£94/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
57,468 SF
Building Class
B
Year Built/Renovated
1975/2015
Price
£5,404,650
Price Per SF
£94
Percent Leased
34%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
19,156 SF
Slab to Slab
12 ft
Building FAR
0.59
Land Acres
2.23 AC
Opportunity Zone
Yes
Zoning
CS
Parking
65 Spaces (4 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
  • 9,390 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 220
  • 9,505 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

  • 3rd Fl-Ste 300
  • 18,849 SF
  • Office
  • Full Build-Out
  • Now

Desirable North Central location with great parking and park-like landscape. Conveniently located at the corner of Hwy 183 & IH-35, this property is surrounded by major hotels, shopping, and restaurants.

Space Size Space Use Condition Available
1st Fl-Ste 100 9,390 SF Office Full Build-Out Now
2nd Fl-Ste 220 9,505 SF Office Full Build-Out Now
3rd Fl-Ste 300 18,849 SF Office Full Build-Out Now

1st Fl-Ste 100

Size
9,390 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 220

Size
9,505 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 300

Size
18,849 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 100

Size 9,390 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

2nd Fl-Ste 220

Size 9,505 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

3rd Fl-Ste 300

Size 18,849 SF
Space Use Office
Condition Full Build-Out
Available Now

Desirable North Central location with great parking and park-like landscape. Conveniently located at the corner of Hwy 183 & IH-35, this property is surrounded by major hotels, shopping, and restaurants.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
234107
Land Assessment
£1,919,420 (2023)
Improvements Assessment
£4,463,115 (2023)
Total Assessment
£6,382,535 (2023)
  • Listing ID: 31903188

  • Date on Market: 23/05/2024

  • Last Updated:

  • Address: 7745 Chevy Chase Dr, Austin, TX 78752

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