2708 E Cesar Chavez ST, Austin, TX 78702 (MLS # 6694677)
Twitter
Facebook
Email
|
This East Austin Michelin-recommended restaurant (name withheld for tenant privacy) is within Austin's pre-eminent hospitality group with accolades almost too numerous to mention. - The group has an unprecedented 6 Michelin Awards, including a Michelin Star awarded in 2024, Bon Appetit - Hot Ten Best New Restaurants, Robb Report - 10 Best New Restaurants In America, Esquire Magazine's 40 Best New Restaurants In America, Austin American Statesman Best Austin Restaurants 2018, Michelin Bib Gourmand Award For Sustainability, and more. - This award-winning East Austin restaurant is one of the Hospitality Group's 12 fine dining establishments. In particular, since opening in early 2023, it's earned a 2024 Michelin Guide Recommendation, Texas Monthly Best New Restaurants, New York Times' Best Restaurants In Austin Right Now, and Texas Monthly - Best Places To Drink Wine In Austin. - Located in the Holly Street District, according to Time Out Magazine 2019, it's "one of the top 25 coolest neighborhoods in the world". After a boom in food options and culinary creativity over the last decade, the area is known for an eclectic mix of local and international flavors and a diverse blend of casual eateries, trendy spots, cocktail bars, breweries, and hidden gems. - Texas' business-friendly environment, lack of state corporate or income taxes, higher quality of life, and deep talent pool appeal to businesses considering moving to Austin. Job growth and company relocations continue to drive population growth ahead of any other major market in the country. Since 2010, Austin's population has outperformed the second-fastest-growing market, Raleigh, by more than 7.5%. - 5 years remaining on the initial lease term at a strong average cap rate of 5.97%, look forward to a 6.63% average cap rate during the first 7-year renewal period, and an even stronger 7.48% average cap rate in the second 7-year renewal term, subject to tenant renewal. - Offering Memorandum upon request
| LAST UPDATED | 5/17/2025 | TRACT | Division O |
|---|---|---|---|
| YEAR BUILT | 2017 | COMMUNITY | Division O |
| COUNTY | Travis | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Feb 12, '25 | $3,720,000 |
|---|---|
| Feb 12, '25 - May 17, '25 | $3,499,990 |
| May 17, '25 - Today | $3,481,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric, Multi Units |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 5 |
| CONSTRUCTION | Aluminum Siding, Attic/Crawl Hatchway(s) Insulated, Cement S, HardiPlank Type, Spray Foam Insulation |
| HEAT | Central, Forced Air, Natural Gas |
| INTERIOR | High Speed Internet |
| LOT | 0.3878 acre(s) |
| LOT DESCRIPTION | Level |
| PARKING | Additional Parking, Alley Access, Asphalt, Assigned, Deeded, Driveway, Off Street, Oversized, Parking Lot, Paved |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Division O |
| TAXES | 43549 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Brandon
Gardner to contact you even if your name is on a Federal or State
"Do not call List".
Property listed by Jeffrey Schnabel, Compass RE Texas, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 7/3/25 4:24 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.