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Investment Highlights

  • Highly stable mixed-use asset (Retail/Office)
  • Irreplaceable Central Austin location
  • Committed tenant base (average tenure 10.5+ years)

Executive Summary

SRS Capital Markets, National Multi-Tenant Advisory has been exclusively retained to offer qualified investors the opportunity to acquire 35th at Jefferson (the “Property”), a 45,850 SF mixed-use retail and office asset in the heart of Central Austin.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
45,850 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1987
Percent Leased
96%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
15,283 SF
Building FAR
0.92
Lot Size
1.14 AC
Zoning
CS - C3
Parking
255 Spaces (4.9 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Services
  • -
  • -
  • -
  • -

Betty Lash, located in the heart of downtown Austin, was one of the country's first lash boutiques. Founded in 2006, it became the very first lash spa in Austin. Six years ago, Betty Lash merged with an existing skincare clinic owned by Azure Grillo, who has also been in operation since 2006. Azure acquired ownership of Betty Lash in 2013. Betty Lash offers a comprehensive range of beauty services, including lash extensions, waxing, sugaring, tints, lash lifts, makeup artistry, skincare, microblading, and permanent makeup. The Betty Boutique features renowned beauty and skincare products, exclusive makeup lines, and unique jewelry, accessories, and gifts.

  • Retailer
  • -
  • -
  • -
  • -

Their main store, called The Midtown, is located at 35th Street & Jefferson in Austin, Texas. We have over 4,600 square feet of sportswear for him; a full selection of suits and sport coats from the likes of Canali, Hickey Freeman, Ted Baker, and Zanella; and specialists well versed in custom suits, shirts, and sport coats. They also have a shop in the lobby of the Downtown Hilton Hotel at 5th Street & Red River. At this location, they proudly offer an extensive selection of sportswear for both him & her, as well as a great selection of local jewelry. They've been helping their customers look fantastic since 1995! And they know exactly what you need to look your best in both Austin and elsewhere. And with their in-house tailor shop at the Midtown location, you can be sure everything will fit beautifully. Come on by and let them introduce you to an exceptional shopping experience.

  • Finance and Insurance
  • -
  • -
  • Triple Net
  • -

Castlebridge Capital is an Austin-based firm that provides opportunistic funding for commercial real estate projects across the continental United States. The company focuses on notes, real estate acquisitions, distressed debt, REO, mezzanine debt, and preferred equity, with product types that include retail, multifamily, office, and industrial assets. Castlebridge Capital’s origin traces to Charles R. Singletary, listed by the firm as its founder and principal, with prior experience at Torreon Capital and Dana Commercial Credit shaping the business’s investment approach.

  • Finance and Insurance
  • -
  • -
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State Farm began in 1922 when George J. Mecherle created auto insurance for farmers in Illinois. The company expanded into homeowners and life insurance while maintaining its mutual ownership structure. Today State Farm offers various insurance products and financial services like banking and investments. They've become a significant presence in the US insurance market through their large network of agents.

  • Retailer
  • -
  • -
  • Triple Net
  • Oct 2023

As Austin's original fine linen boutique, Feather Your Nest has been serving the ever-growing and expanding Central Texas Area for over 20 years. From humble beginnings as a quaint little linen shop in Tarrytown, they have grown to become the standard of excellence, not only in luxury linens, but also in bath products, home décor, accessories and kitchenware to dress your home from start to finish. Their goal is to provide every customer, with beautiful, high-quality design solutions for a well-appointed home. They carry the most popular brands in fine linens and home accessories, including Bella Notte, Sferra, Scandia Down and Juliska. And, they have supplemented these lines with special selections that also adhere to their standards of excellence.

  • Arts, Entertainment, and Recreation
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Fitness on Fifth, one of Austin, Texas' most premier personal training studios, was founded by Tim Green and Paul Touey in 2000. Fitness on Fifth works with a diverse clientele, including athletes seeking to excel, individuals with chronic injuries, pre- and post-surgery patients, the elderly, and those pursuing overall health and fitness. At Fitness on Fifth, they specialize in assisting individuals who may feel apprehensive about exercise or intimidated by a traditional gym environment. By applying their knowledge of proven, sound, science-based exercise mechanics and progression techniques, Fitness on Fifth has consistently demonstrated the ability to help anyone improve and maintain a good state of personal health and fitness.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

Meshify, based in Austin, TX, develops IoT technologies that predict and prevent property and equipment risks. Catering to the intricate needs of various commercial enterprises and their insurance providers, their sensor solutions safeguard buildings, minimize claims, foster customer engagement, and pave the way for innovative IoT-driven insurance offerings.

  • Services
  • -
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Saturdays Hair Co. presents a salon built by a collective of hairstylists and creatives in Austin, Texas, with a studio focus on a welcoming, laid-back experience. The stylists page identifies co-owners Whitney Schaaf and Conrad Diaz, and the salon’s profile highlights their backgrounds in hair styling and color work before joining the business. Service offerings include color and cuts, balayage, highlights, keratin treatments, styling, and several extension methods, with booking available through the website, email, or phone. The location page places the salon in Central Austin and the careers page emphasizes talent, creativity, teamwork, and ongoing skill development across the business.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • Triple Net
  • -

Family law is about more than just divorce, particularly for people with high net worth, complex marital estates, contested conservatorship situations, or significant business interests. Whether you are entering a marriage or considering leaving one, Ms. Beaver can help you understand the intricacies of Texas family law and how to protect assets prior to marriage or how to protect your children and your financial security during divorce with a thorough understanding of how emotions affect each process. Family law is unique for clients in that the person who has been one’s most trusted friend and ally is now in the position of legal adversary, which makes the process much more difficult to navigate. Ms. Beaver and her firm are renowned throughout Texas for a highly sophisticated, empathetic and insightful approach to complex family law issues, from divorce and child custody to complex property issues to marital property agreements. .

  • Health Care and Social Assistance
  • -
  • -
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Tru-Skin Dermatology provides medical and cosmetic dermatology services in Central Texas. The company was founded by Dr. Daniel Ladd, a board-certified dermatologist with extensive training. Tru-Skin offers treatments for various skin conditions, including acne, psoriasis, and eczema, while specializing in skin cancer detection and treatment. Cosmetic services include injectables, laser treatments, and body contouring procedures. The practice operates multiple locations across the Austin area and partners with The Shade Project for skin cancer prevention initiatives. Tru-Skin combines clinical dermatology expertise with aesthetic services under management support.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Services - - - -
Retailer - - - -
Finance and Insurance - - Triple Net -
Finance and Insurance - - - -
Retailer - - Triple Net Oct 2023
Arts, Entertainment, and Recreation - - - -
Professional, Scientific, and Technical Services - - - -
Services - - - -
Professional, Scientific, and Technical Services - - Triple Net -
Health Care and Social Assistance - - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 3rd Fl-Ste 305
  • 1,466 SF
  • Office
  • -
  • Now
Space Size Space Use Build-Out Available
3rd Fl-Ste 305 1,466 SF Office - Now

3rd Fl-Ste 305

Size
1,466 SF
Space Use
Office
Build-Out
-
Available
Now
Very walkable
80/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
121477
Land Assessment
$5,464,186 CAD
Improvements Assessment
$11,604,787 CAD
Total Assessment
$17,068,973 CAD
  • Listing ID: 40146697

  • Date on Market: 2026-04-14

  • Last Updated:

  • Address: 3500 Jefferson St, Austin, TX 78731

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