1200 E Anderson Ln

Attain a highly connected vantage point in Northeast Austin with this multifaceted opportunity at 1200 E Anderson Lane. This 86,910-square-foot, three-story office sits on a 3.67-acre lot formerly occupied by the Higher Education Coordinating Board. Before that, this property served as Apple’s first office in Austin.

Ownership has spent approximately 18 months and $750,000 designing and permitting the renovation of 1200 E Anderson Lane. The proposed renovation is a high-quality and contemporary design by the locally renowned architectural firm Mark Odom Studio. The renovation modernizes the exterior and landscaping while also upgrading the lobby and bathrooms with Class A finishes. The plans are fully approved and permitted, allowing for substantial cost and time savings that will reduce the timeline for new ownership to implement improvements by 12 to 18 months. Site plan approval was received in May 2023, and permits were approved in June 2023. The redesign presents the property as a value-oriented alternative to new construction, providing substantial time savings for new ownership.

1200 E Anderson Lane is less than 1 mile from the Highway 183 and Interstate 35 interchange, placing it approximately 12 minutes from Downtown Austin. Its location off the interstate is highly conducive for easy commutes as sought-after residential hubs like Round Rock, Cedar Park, and Pflugerville can be reached in about 15 minutes. Popular amenity centers are nearby, offering numerous walkable conveniences. The Domain and Gateway are within a 10-minute drive from the property. The area has become an increasingly targeted residential zone as major employers fill out North Austin, with the number of households rising by 30% from 2010 to 2023 within a 3-mile radius.