Research Park Plaza V_Property for Sale
Research Park Plaza V_Property for Sale

Research Park Plaza V

12301 Research Boulevard, Austin, TX, 78759, US

Description

Jones Lang LaSalle (“JLL”) is pleased to present the opportunity to acquire Research Park Plaza V (the “Property”), a 172,854 square foot office building located in Austin’s Northwest submarket. The Property is currently 85% leased to four institutional quality tenants, including Cadence Design Systems and Planview. Cadence currently anchors the Property, occupying over 94,000 square feet, representing nearly 55% of the total net rentable area. Additionally, Planview, the second largest tenant in the building, recently executed a renewal in Q4 2025.


Austin’s Northwest submarket is characterized by its proximity to Downtown, The Domain, and popular residential neighborhoods, including Great Hills, Westover Hills, and Northwest Hills. The market has become the leading corporate hub for technology companies with high-profile tenants, such as Apple, Indeed, and Amazon occupying space in the area. Visa is also located next door to the Property, occupying space in Research Park Plaza I-III.


Research Park Plaza V is ideally situated off US-183, offering seamless access and instant connectivity to the surrounding amenities and residential neighborhoods. Since being delivered in 2015, the Property has been institutionally maintained and operated. Altogether, Research Park Plaza V presents investors with the unique opportunity to acquire a stabilized office building in a well-located area well below replacement cost with additional future upside to be achieved through lease-up and mark-to-market.

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Attributes

Building area net
16,059 sm
Occupancy
85%
Year built
2015
WALT
5.7 years

Media

Investment highlights

Institutional Quality Tenants


Durable In-Place Cash Flows with Significant Compounded Annual Growth Rate on NOI


Prominent Location Amidst Austin’s Corporate Tech Hub


Research Park Plaza V 4_Property for Sale
Research Park Plaza V 4_Property for Sale

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Research Park Plaza V (0 Properties)

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Last updated
Mar 5, 2026