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3700-3708 Jefferson St
Austin, TX 78731
Shops at Jefferson · Retail Property For Sale

Investment Highlights

  • Located in the heart of Central Austin
  • Value-add retail center

Executive Summary

SRS Capital Markets, National Multi-Tenant Advisory has been exclusively retained to offer qualified investors the unique opportunity to acquire Shops at Jefferson (or the “Property”), a 17,074 SF retail center on 1.27 acres in Central West Austin.
Located in the heart of Central Austin on Jefferson Street, the Property offers immediate access to 35th Street — a primary connector between Central and West Austin. Just minutes from Bryker Woods, Tarrytown, and Rosedale, it sits amid some of the city’s most desirable neighborhoods and within a 1-mile radius of households with an average income exceeding $200K.
Given the infill nature, the Property is one of the few surface parked retail centers as surrounding sites have made way for vertical mixed-use. Nearby economic drivers include Ascension Seton Main Hospital, The Grove mixed use development, and adjacent medical office buildings providing continued daytime traffic to the center.
Currently 49% leased, the Property features one contiguous 8,774 that was recently vacated. In addition to ownership allowing the purchaser to lease-up the vacant space, in-place rents are approximately 65% below market.
Shops at Jefferson offers investors an opportunity to acquire a value-add retail center in the heart of Central Austin well below replacement costs.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,074 SF
Building Class
B
Year Built/Renovated
1969/1996
Percent Leased
49%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
1.27 AC
Zoning
CS - CS
Parking
89 Spaces (5.21 Spaces per 1,000 SF Leased)
Frontage
187’ on Jefferson St

Property Taxes

Property Taxes

Parcel Number
121476
Land Assessment
$3,816,705 CAD
Improvements Assessment
$2,513,325 CAD
Total Assessment
$6,330,030 CAD
  • Listing ID: 40146798

  • Date on Market: 2026-04-14

  • Last Updated:

  • Address: 3700-3708 Jefferson St, Austin, TX 78731

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