Trinity Square$50.93 – $62.01/SF/yr FS
Bluebonnet Gateway
18,500 SF of Office space available at 2503 University Ave, Austin, TX 78746. For Lease through Summit Advisory Group.
For LeaseStatus
18,500 SFAvailable
$47.45/SFAsking rent
1979Year built
BClass
Property facts
| Property type | Office |
|---|---|
| Building class | B |
| Rentable area | 129,300 SF |
| Available | 18,500 SF |
| Stories | 6 |
| Year built | 1979 |
| Renovated | 2006 |
| Typical floor | 21,550 SF |
| Lot size | 2.86 acres |
| Parking ratio | 3.6/1,000 SF |
| Occupancy | 85.7% |
| Zoning | LI |
| Parcel ID | 82-942-6705 |
| Submarket | Southwest / Barton Creek |
| Market | Austin |
| Days on market | 643 |
| Walk Score | 34 |
| Transit | Amtrak 6 min |
| Listing package | Basic |
Building amenities
LEED Gold, Bike Storage, Food Service
Spaces available
| Floor | Use | Type | Size (SF) | Asking rent | Term | Status |
|---|---|---|---|---|---|---|
| P 1st | Medical | Sublet | 6,340 | $51.63/SF | Thru Sep 2032 | Vacant |
| P 2nd | Office | Direct | 12,160 | $44.98/SF | Negotiable | 30 Days |
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Garden State Title | Engineering | 4 | 14,370 | 2027-10-01 |
| Yarrow Health | Education | 3 | 16,180 | 2036-12-01 |
| Yarrow Health | Insurance | 6 | 22,760 | 2023-08-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2023-12-14 | $16.74M | $129.49 | 6.67% | Aldergate Capital | Potomac Realty Trust |
| 2023-11-28 | $31.16M | $240.97 | 4.70% | Thornfield Investments | Fairbridge Partners |
Public record
| Owner of record | Ironwood Capital Partners LLC |
|---|---|
| Assessed value | $11.73M |
| Land value | $1.84M |
| Improvement value | $9.89M |
| Annual tax | $118K |
| Tax year | 2026 |
| Lot size | 124,581 SF |
| Last deed | 2021-06-21 |
| Deed type | Grant Deed |
| Legal description | LOT 4 BLK 771 SOUTHWEST / BARTON CREEK ADDN |
Location
2503 University Ave
Austin, TX 78746
Southwest / Barton Creek submarket · Austin market
30.30650, -97.83459
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
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Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.