Documents
Attributes
| Year Built | 1999 |
| Building Area |
|
| Occupancy | 100.0 % |
Property Description
Currently 97% leased, the Property features a diverse rent roll spread out across various industries including finance, insurance, medical and research. With no tenant comprising more than 6.5% of the total
NRA, the Property features an extremely balanced rollover schedule and minimal event risk as no more than 30% of the NRA expires during any one year. As tenant leases expire, investors have an opportunity to drive NOI through mark-to-market opportunities as leases are 19% below market in a market which has seen rental rate growth of 26% over the last five years.
Investment Highlights
- Jones Lang LaSalle (“JLL”) has been exclusively retained by the Owner to offer qualified investors the opportunity
- to purchase Barton Creek Plaza I-III (the “Property”), a three-building Class A office park totaling 205,705 square feet in Southwest Austin.
Andrew Levy
Senior Managing Director, Dallas Office Co-Head
License details
LA-BROK.0995686164-ACT
TX-0413696
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