Park 290 — Sale in Austin, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Austin, TX 78724

Description

Park 290, located in the thriving East submarket of Austin, consists of four Class A industrial buildings spanning 792,139 sq. ft. This strategically positioned project offers convenient access to Hwy 290 & TX-130 and is in close proximity to major tech manufacturers, such as Tesla and Samsung. Its advantageous location allows users to tap into multiple talented labor markets in the greater Austin metro area and benefits from premiere highway accessibility and multiple access points into the site. Park 290 provides a state-of-the-art industrial warehouse offering that caters to a wide range of users, with tenant amenities to include EV charging stations and a walking trail.

Market Context

This industrial in Austin, TX is listed for sale. It has been on the market for 196 days. Compare it against other industrial listings for sale in Austin, TX — view the full market.

As of Q1 2026, the Austin industrial market showed a 15.1% vacancy rate, average asking rents near $14.30/SF/yr, and cap rates around 7.6%. Source: multiple brokerage reports, Q1 2026.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Industrial market FAQ

What is the typical cap rate for industrial in Austin?
About 7.6% as of Q1 2026, per multiple brokerage reports.
Is the Austin industrial market tightening or softening?
Vacancy is around 15.1% (Q1 2026).

Contact

Explore this market

Similar Industrial Property for Sale in Austin, TX