
Willa
1600 South 1st Street, Austin, TX, 78704, US
2,262 m²
Jones Lang LaSalle (“JLL”) is pleased to present the exclusive opportunity to acquire the Kyle Parkway Collection (the “Portfolio,” “Properties”), a premier retail portfolio consisting of single-tenant and multi-tenant properties located in Kyle, Texas. The five-property portfolio offers a stable 3.7 year weighted average lease term and a diversified rent roll of blue-chip retailers, which supports durable cash flows and mitigates potential vacancy risk. The mix of single and multi-tenant assets also provides investors with enhanced exit optionality.
The Properties are centrally located along IH-35 in Kyle’s dominant retail corridor, benefiting from exceptional visibility and accessibility. The Properties are strategically located within immediate proximity to major national retailers, including Walmart, H-E-B, Target, and Lowe’s. This prime location is bolstered by the explosive growth of Kyle, Texas, one of the fastest-growing cities in the U.S., which fuels the submarket's incredibly strong fundamentals.
Collectively, the Kyle Parkway Collection presents a compelling opportunity to secure durable cash flow with meaningful future NOI upside in one of Central Texas’ top-performing submarkets.
Dominant Kyle Retail Corridor
Surrounded by Walmart, H-E-B, Target, Lowe’s, Kohl’s, and Petco
Strong Market Fundamentals
98% Average Occupancy, $31.00 NNN Market Rents, 100% Absorption since 2020
Diversified Rent Roll
Mix of single-tenant and multi-tenant buildings supports durable cash flow and mitigates vacancy risk
Exceptional Frontage & High Visibility
Situated alongside IH-35, the main thoroughfare connecting Austin and San Antonio, promotes exceptional visibility
High Growth Market
Kyle, Texas ranks as one of the fastest growing cities in the entire U.S


