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8701 Menchaca Rd - Building 1

1,459 - 13,015 SF Office Condo Units Offered at $649,180 - $5,750,515 Per Unit in Austin, TX 78748

Investment Highlights

  • Brand new condo units with high-end common areas provide the opportunity to own a space with an equal or lower cost to renting.
  • Positioned in one of the highest-rated school districts with home and rent prices far below their capital counterparts.
  • Rare opportunity to own an office with no equivalent office condos for sale in the Austin area where rental rates are fourth highest in the US.
  • Menchaca Road location allows for a 15-minute drive to downtown Austin and 65 covered parking spots make travel easy for commuters.
  • To be delivered in Q4 2022, featuring storefront glass windows in the entryways, outdoor patios with panoramic views, and elegant common areas.
  • Signage opportunity on a signalized intersection for endcap units that sees 30,524 vehicles pass by each day.

Executive Summary

Prominently positioned in the vibrant suburban sprawl of South Austin, The Trio at Manchaca offers a high-end alternative to renting with premier access to the state’s capital. Phase I of the condo project and the two buildings completed in 2020 were met with fevered excitement and all units have already been sold, leaving Building 1, a 50,849-square-foot office to be completed in Q3 2024. Building 1 expounds upon the luxury of its predecessors by offering units with spacious outdoor patios, an elegant atrium lobby, and storefront glass windows. Spaces can be combined to meet any size tenant and the units will be delivered as shell spaces, but management can also coordinate contractors to provide a turnkey office, making this ideal for professionals looking for flexibility. As Austin has enjoyed exponential demand recently, rental rates have grown just as much, but with the option to spend less on a mortgage than a lease, there is no better time to claim a spot in this trendy market. South Austin has become a suburban commuter destination for the thousands flocking to the area, with almost a quarter of all homes built after 2010 in a five-mile radius. Menchaca Road provides a quick eight-mile drive to the capital and the new expansion of Davis Lane gives unprecedented access to West Austin. The area has also become a hot spot for the medical industry with the Bluebonnet Rehabilitation Hospital a short walk from the property and multiple other health systems nearby, with the current parking ratio this building can support up to 30,000 square feet of medical use. There is a vast, well-educated employee pool made up of young professionals with a median age of 35.2 and 42% of residents having attained a bachelor’s degree or higher. The amenity-rich area provides an environment only rivaled by the most prestigious downtown addresses, for example, employees can knock out errands at the Southpark Meadows Mall 10 minutes away or peruse the breweries along S Congress Avenue.

Offering Memorandum Click Here to Access

Data Room Click Here to Access

Property Facts

Price $649,180 - $5,750,515
Unit Size 1,459 - 13,015 SF
No. Units 17
Total Building Size 51,114 SF
Property Type Office
Property Subtype
Medical
  • OfficeLoft Creative Space
Building Class A
Floors 2
Typical Floor Size 25,557 SF
Year Built 2025
Lot Size 5.70 AC
Parking Ratio 6.83/1,000 SF

17 Units Available

Unit 107

Unit Size 1,963 SF
Price $922,610
Price Per SF $470.00
Condo Use Office
Sale Type Investment or Owner User
Sale Status Under Contract
Description

1,963 square foot ground floor condo.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 108

Unit Size 1,501 SF
Price $667,945
Price Per SF $445.00
Condo Use Office
Sale Type Investment or Owner User
Description

1,501 square foot ground floor condo.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 109

Unit Size 4,327 SF
Price $1,904,760
Price Per SF $440.20
Condo Use Office
Sale Type Investment or Owner User
Sale Status Under Contract
Description

4,327 square foot endcap condo with a 343 square foot patio.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 110

Unit Size 2,047 SF
Price $910,915
Price Per SF $445.00
Condo Use Office
Sale Type Investment or Owner User
Description

2,047 square foot ground floor condo.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 112

Unit Size 2,608 SF
Price $1,139,280
Price Per SF $436.84
Condo Use Office
Sale Type Investment or Owner User
Description

2,608 square foot endcap condo with a 112 square foot patio.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 201

Unit Size 2,876 SF
Price $1,208,051
Price Per SF $420.05
Condo Use Office
Sale Type Investment or Owner User
Description

2,876 square foot endcap condo with a 399 square foot patio.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 202

Unit Size 2,859 SF
Price $1,236,464
Price Per SF $432.48
Condo Use Office
Sale Type Investment or Owner User
Description

2,859 square foot endcap condo with a 144 square foot patio.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 203

Unit Size 1,939 SF
Price $862,855
Price Per SF $445.00
Condo Use Office
Sale Type Investment or Owner User
Description

1,939 square foot second-floor condo.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 204

Unit Size 1,521 SF
Price $676,728
Price Per SF $444.92
Condo Use Office
Sale Type Investment or Owner User
Description

1,521 square foot second-floor condo.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 205

Unit Size 1,921 SF
Price $902,490
Price Per SF $469.80
Condo Use Office
Sale Type Investment or Owner User
Description

1,921 square foot second-floor condo.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 206

Unit Size 1,922 SF
Price $855,005
Price Per SF $444.85
Condo Use Office
Sale Type Investment or Owner User
Description

1,922 square foot second-floor condo.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 207

Unit Size 2,657 SF
Price $1,248,790
Price Per SF $470.00
Condo Use Office
Sale Type Investment or Owner User
Description

2,657 square foot second-floor condo.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 208

Unit Size 1,459 SF
Price $649,180
Price Per SF $444.95
Condo Use Office
Sale Type Investment or Owner User
Description

1,495 square foot second-floor condo.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 209

Unit Size 3,853 SF
Price $1,674,575
Price Per SF $434.62
Condo Use Office
Sale Type Investment or Owner User
Description

3,853 square foot endcap condo with a 368 square foot patio.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 210

Unit Size 1,664 SF
Price $740,480
Price Per SF $445.00
Condo Use Office
Sale Type Investment or Owner User
Sale Status Under Contract
Description

1,664 square foot second-floor condo.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 212

Unit Size 2,982 SF
Price $1,305,590
Price Per SF $437.82
Condo Use Office
Sale Type Investment or Owner User
Sale Status Under Contract
Description

2,982 square foot endcap condo with a 248 square foot patio.

Sale Notes

Covered parking available with approximately 65 spots.  Final parking ratio will be approximately 1:230.
100% steel construction with concrete pans
Common area bathrooms and dramatic atriums  
Storefront glass windows and features inside building

Unit 101-106

Unit Size 13,015 SF
Price $5,750,515
Price Per SF $441.84
Condo Use Office
Sale Type Investment or Owner User
Description

Best for a large single user.

Sale Notes

Divisible down to 1,187 square feet.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
14,430
118,792
256,472
2024 Population
14,687
120,050
260,661
Population Growth '20-'24
1.8%
1.1%
1.6%
2020 Households
5,913
51,531
106,758
2024 Households
6,027
52,377
109,035
Household Growth '20-'24
1.9%
1.6%
2.1%
Average Age
40
38
38
Median Household Income
$88,726
$82,601
$84,952
Daytime Employees
2,958
29,166
81,653
Total Businesses
429
4,069
10,696
College Degree + Higher
43%
47%
47%

Amenities

  • Atrium
  • Controlled Access
  • Air Conditioning

Nearby Amenities

Hospitals

St. David's South Austin Medical Center Acute Care 9 min drive 4.6 mi
Ascension Seton Southwest Acute Care 12 min drive 7.4 mi
Arise Austin Medical Center Acute Care 15 min drive 8.3 mi
The Hospital at Westlake Medical Center Acute Care 15 min drive 9.2 mi
Dell Seton Medical Center at The University of Texas Acute Care 16 min drive 10 mi

zoning

Zoning Code GR/LR (GR - Community Commercial LR - Neighborhood Commercial)
GR/LR (GR - Community Commercial LR - Neighborhood Commercial)

Sale Advisor

Sale Advisor

(512) 415-8508
Contact
John Cummings, Director of Marketing and Sales Associate
(512) 415-8508
Contact
John was born and raised in Austin, Texas and graduated Westlake High School in 2011. Succeeding his education at Westlake, John was accepted into the Leeds School of Business at the University of Colorado at Boulder. While studying in Colorado, he discovered his passion for marketing and real estate.  In May 2015, John graduated with a Bachelor of Science in Business Administration with an emphasis in Marketing.  In June 2015, he accepted his position as Director of Marketing and Sales with Quest Realty Inc.  Since obtaining his license in October 2015, John has assisted in the sale and acquisition of over $4,000,000 worth of office condominiums and retail projects. John specializes in marketing, tenant representation and property sales in his role with Quest Realty and is a member of the Texas Association of Realtors and the Austin Board of Realtors.
  • Listing ID: 25314261

  • Date on Market: 3/23/2022

  • Last Updated:

  • Address: 8701 Menchaca Rd, Austin, TX 78748

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