Bluebonnet Park$9.50 – $11.57/SF/yr NNN
Capital Commons
60,600 SF of Industrial space available at 878 Broadway St, Austin, TX 78702. For Sale through Capitol Commercial.
For SaleStatus
60,600 SFAvailable
$8.26/SFAsking rent
$211.6MAsking price
8.23%Cap rate
2006Year built
CClass
Property facts
| Property type | Industrial |
|---|---|
| Building class | C |
| Rentable area | 1,096,000 SF |
| Available | 60,600 SF |
| Stories | 1 |
| Year built | 2006 |
| Typical floor | 1,096,000 SF |
| Lot size | 3.42 acres |
| Parking ratio | 4.3/1,000 SF |
| Occupancy | 94.5% |
| Zoning | O-2 |
| Parcel ID | 93-227-3645 |
| Submarket | East Austin |
| Market | Austin |
| Days on market | 877 |
| Walk Score | 70 |
| Transit | Bus 1 block |
| Listing package | Basic |
Building amenities
Security System, Roof Terrace, Banking
Spaces available
| Floor | Use | Type | Size (SF) | Asking rent | Term | Status |
|---|---|---|---|---|---|---|
| P LBBY | Warehouse | Direct | 25,360 | On request | Negotiable | Sep 2026 |
| P 1st | Industrial | Direct | 17,170 | On request | Negotiable | Vacant |
| P 1st | Industrial | Direct | 4,170 | $8.58/SF | Negotiable | Vacant |
| P 1st | Warehouse | Direct | 410 – 1,480 | On request | Negotiable | Vacant |
| P 1st | Distribution | Direct | 1,810 | $9.20/SF | Negotiable | Vacant |
| P 1st | Industrial | Sublet | 10,610 | On request | Thru Dec 2028 | Oct 2026 |
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Commonwealth Medical Group | Logistics | 1 | 132,520 | 2034-06-01 |
| Redline Robotics | Financial Services | 1 | 238,620 | 2034-06-01 |
| Trinity Freight | Energy | 1 | 167,140 | 2020-06-01 |
| Longhorn Data Systems | Energy | 1 | 275,150 | 2029-09-01 |
| Federal Contracting Associates | Logistics | 1 | 137,160 | 2024-07-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2020-02-25 | $30.61M | $27.93 | 5.18% | Zenith Real Estate | Quarry Point Partners |
| 2019-08-18 | $68.39M | $62.40 | 7.84% | Hudson Gate Partners | Fairbridge Partners |
Public record
| Owner of record | Marlowe Family Office LLC |
|---|---|
| Assessed value | $93.14M |
| Land value | $23.21M |
| Improvement value | $69.92M |
| Annual tax | $1.77M |
| Tax year | 2026 |
| Lot size | 148,975 SF |
| Last deed | 2019-03-14 |
| Deed type | Special Warranty Deed |
| Legal description | LOT 27 BLK 328 EAST AUSTIN ADDN |
Location
878 Broadway St
Austin, TX 78702
East Austin submarket · Austin market
30.26655, -97.69989
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.