115 E. St. Elmo Rd. A&B - 2 Building Portfolio Sale
Industrial | 21,341 SqFt
Marketing description
115 E St. Elmo presents a compelling user/investor opportunity in the heart
of Austin’s rapidly evolving St. Elmo District - one of the city’s most dynamic
and culturally rich submarkets. The property offers a unique blend of stability
and flexibility, with a strong, established tenant already occupying approximately
half of the asset, providing immediate in-place income. Meanwhile, Building A is
currently available for lease or owner-user occupancy, creating an ideal scenario
for an investor seeking additional upside or a business owner looking to establish
a presence in a high-growth area.
The St. Elmo District has emerged as a vibrant hub for creativity, commerce, and community,
driven by an influx of breweries, artisan food concepts, music venues, and design-oriented
businesses. Anchored by popular destinations and a strong local identity, the area continues
to attract both foot traffic and new development, positioning it as one of Austin’s most sought after
live-work-play environments. With its central location, proximity to major thoroughfares,
and ongoing neighborhood momentum, 115 E St. Elmo offers a rare chance to capitalize on
both immediate cash flow and long-term appreciation in a culturally significant and rapidly
appreciating corridor.
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