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1605 E Oltorf St 4,500 SF of Retail Space Available in Austin, TX 78741
HIGHLIGHTS
- Free Standing Fully Operational Restaurant
- Successful Restaurant location for over 16 years
- Located at South I-35 at Oltorf Street
- Next to Hotels and Easy Access to downtown Austin
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,500 SF | 5 Years | $34.69 CAD/SF/YR $2.89 CAD/SF/MO $156,107 CAD/YR $13,009 CAD/MO | Triple Net (NNN) |
1st Floor
Are you seeking the ideal location to launch or expand your restaurant business? Look no further! This is a rare opportunity to lease a well-established restaurant and bar in one of Austin's most sought-after locations. Spacious and Versatile. With ample seating capacity and a versatile layout, the restaurant can accommodate a range of dining setups, from intimate dinners to large gatherings. The space is perfect for hosting events, parties, and special occasions. Strategically located on the northbound feeder road of S I-35 at Oltorf St near E Riverside and just across from the strategic Travis Heights neighborhood.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Central Air and Heating
- Partitioned Offices
- Private Restrooms
- Freezer Space
- Wi-Fi Connectivity
- Security System
- High Ceilings
- Drop Ceilings
- Exposed Ceiling
- Recessed Lighting
- Emergency Lighting
- After Hours HVAC Available
- Smoke Detector
- Overlooking Downtown Austin
- Located on South I-35 at Oltorf Street
- Strategically located near E Riverside
- Successful restaurant location for over 16 years
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 1605 E OLTORF ST, AUSTIN, TX 78741
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- La Catedaral Del Marisco #2
- Restaurant
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| La Catedaral Del Marisco #2 | Restaurant | 1 | Local |
PROPERTY FACTS
| Total Space Available | 4,500 SF | Gross Leasable Area | 4,768 SF |
| Property Type | Retail | Year Built/Renovated | 1974/2014 |
| Property Subtype | Restaurant | Parking Ratio | 6.92/1,000 SF |
| Total Space Available | 4,500 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,768 SF |
| Year Built/Renovated | 1974/2014 |
| Parking Ratio | 6.92/1,000 SF |
ABOUT THE PROPERTY
Are you seeking the ideal location to launch or expand your restaurant business? Look no further! This is a rare opportunity to lease a well-established restaurant and bar in one of Austin's most sought-after locations. Spacious and Versatile. With ample seating capacity and a versatile layout, the restaurant can accommodate a range of dining setups, from intimate dinners to large gatherings. The space is perfect for hosting events, parties, and special occasions. Strategically located on the northbound feeder road of S I-35 at Oltorf St near E Riverside and just across from the strategic Travis Heights neighborhood.
- Freeway Visibility
- Pylon Sign
NEARBY MAJOR RETAILERS
CONTACTS
-
Allan Hanson -
Mark Mellon-Werch -
Berkshire Hathaway Home Services Texas Realty
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1605 E Oltorf St
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