Office

Barton Creek Plaza I-III

3801 S Capital of Tx Highway Austin, Texas United States 78704
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Confidentiality Agreement
I accept the confidentiality agreement I accept the confidentiality agreement

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.
Last Updated Date: 23 Jul 2020
Andrew Levy
Andrew Levy
Senior Managing Director, Dallas Office Co-Head
License details
LA-BROK.0995686164-ACT TX-0413696
+351300505915
Todd Savage
Todd Savage
Managing Director, Capital Markets
License details
TX-0509026
+351300505915
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Last Updated Date: 23 Jul 2020

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