Midtown Point$41.28 – $50.25/SF/yr FS
374 Preston Rd
342,600 SF of Office space available at 374 Preston Rd, Del Valle, TX 78617. For Lease through Summit Advisory Group.
For LeaseStatus
342,600 SFAvailable
$47.47/SFAsking rent
BClass
Property facts
| Property type | Office |
|---|---|
| Building class | B |
| Rentable area | 342,600 SF |
| Available | 342,600 SF |
| Stories | 25 |
| Typical floor | 13,704 SF |
| Lot size | 2.02 acres |
| Parking ratio | 0.6/1,000 SF |
| Zoning | CS |
| Parcel ID | 69-553-4162 |
| Submarket | Southeast / Del Valle |
| Market | Austin |
| Days on market | 267 |
| Walk Score | 52 |
| Transit | Bus 1 block |
| Listing package | Basic |
Building amenities
Food Service, 24 Hour Access
Spaces available
| Floor | Use | Type | Size (SF) | Asking rent | Term | Status |
|---|---|---|---|---|---|---|
| P 4th | Coworking | Direct | 52,410 – 90,680 | On request | Thru Sep 2032 | Vacant |
| P 9th | Office | Direct | 107,690 | $53.79/SF | Negotiable | Sep 2026 |
| P 2nd | Office | Direct | 34,850 | On request | Negotiable | Jan 2027 |
| P 24th | Office | Direct | 11,530 | $47.35/SF | Negotiable | Vacant |
| P 5th | Office | Direct | 17,400 – 46,830 | On request | Negotiable | Vacant |
| P 11th | Office | Direct | 16,900 | $48.52/SF | Negotiable | Vacant |
| P 21st | Office | Direct | 3,070 – 5,590 | $52.67/SF | Negotiable | 30 Days |
| P 12th | Coworking | Sublet | 13,020 | $47.05/SF | Thru Dec 2028 | Vacant |
| P 2nd | Office | Direct | 1,030 – 5,400 | $43.72/SF | Negotiable | Sep 2026 |
| P 13th | Office | Direct | 760 – 2,570 | $43.74/SF | Negotiable | Vacant |
| P 23rd | Office | Direct | 180 – 930 | On request | Thru Sep 2032 | Oct 2026 |
| P 9th | Off/Ret | Direct | 170 – 1,100 | On request | Negotiable | Oct 2026 |
| P 1st | Retail | Direct | 2,120 | $53.26/SF | Thru Oct 2029 | Oct 2026 |
| P 21st | Medical | Direct | 1,630 | On request | Negotiable | Vacant |
| P 15th | Office | Direct | 140 – 510 | On request | Thru Oct 2029 | Vacant |
| P 9th | Medical | Sublet | 190 – 500 | $45.05/SF | Thru Dec 2028 | Vacant |
| P 24th | Office | Direct | 500 | On request | Negotiable | Vacant |
| P 10th | Office | Direct | 500 | $44.10/SF | Negotiable | Vacant |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2023-05-19 | $89.77M | $262.02 | 4.76% | Westbrook Equities | Permian Basin Properties |
| 2023-03-27 | $55.5M | $162.00 | 7.75% | Ironwood Capital Partners | Potomac Realty Trust |
Public record
| Owner of record | Fairbridge Partners LLC |
|---|---|
| Assessed value | $59.3M |
| Land value | $20.1M |
| Improvement value | $39.2M |
| Annual tax | $744K |
| Tax year | 2026 |
| Lot size | 87,991 SF |
| Last deed | 2019-10-08 |
| Deed type | Grant Deed |
| Legal description | LOT 32 BLK 135 SOUTHEAST / DEL VALLE ADDN |
Location
374 Preston Rd
Del Valle, TX 78617
Southeast / Del Valle submarket · Austin market
30.19570, -97.65081
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.