South Lamar Center
Newly Renovated with Below Market Pricing
Marketing description
Centric Commercial is pleased to announce South Lamar Center:
New Office Condominium Project - One-of-Kind buying Opportunity
Strategically located in the heart of South Central Austin by Central Market & Brodie Oak Center
The Seller recently acquired the 112,854 SF office building (formerly AT&T call center) and converted the Project into Commercial Condominiums for purchase.
The Seller's acquisition cost allows Seller to provide significant discount to the market.
Seller objective is to sell units quickly, in exchange, provide sophisticated prospective purchasers the ability to acquire office condominiums at far below-market discounted pricing.
Investment highlights
Motivated Seller – Bring All Offers
South Lamar Medical Center (Austin’s Newest Premier Medical Condo Redevelopment)
- ±104,226 SF Sold (93%) | Nearly Sold Out – Final ±8,628 SF Remaining (Divisible)
- Quoted | Latest Project Sale Comp: $410/SF – Close-Out Pricing | Bring Us an Offer
- ±$2.3M Renovations Complete – Fully activated, occupied, and performing asset
- TAX SAVINGS: (NEW 2025 TAX LAW) Buyers may be eligible to deduct a significant portion of the purchase, build-out, and FF&E in year one through 100% bonus depreciation 👉 MUST SEE → Click for Details:
- 👉 NEW: $900K–$1M+ Year 1 Tax Savings (100% Bonus Depreciation)
This is a final close-out opportunity to secure the last remaining space in this highly successful project. We encourage you to re-engage with active users and buyer prospects while this window remains open.
Updated marketing materials attached | Contact us for final close-out pricing guidance
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