Third + Trinity — Lease in Austin, TX

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Austin, TX 78701

Description

3rd & Trinity is a 19,964 SF retail/creative office property located in the heart of downtown Austin, directly across from the Austin Convention Center. The Austin Convention center attracts hundreds of thousands of visitors each year, including 150,000+ for the South by Southwest Festival alone.

Market Context

This office in Austin, TX is listed for lease. It has been on the market for 195 days. Compare it against other office listings for lease in Austin, TX — view the full market.

As of Q1 2026, the Austin office market showed average asking rents near $36.92/SF/yr, and cap rates around 6.5%. Source: multiple brokerage reports, Q1 2026.

Office market FAQ

What is the typical cap rate for office in Austin?
About 6.5% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$5.26/SF/mo – $7.12/SF/mo

Mid: $6.19/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Based on comparable properties in similar markets rather than local sales.

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