JLL Plaza - 2026_Propriété à vendre
JLL Plaza - 2026_Propriété à vendre

JLL Plaza - 2026

1705 West 5th Street, Austin, TX, 78704, US

Descriptif

Jones Lang LaSalle (“JLL”) is pleased to present the opportunity to acquire the leasehold interest in JLL Plaza (the “Property”), an eight-story, 115,975-square foot Class A office building in Austin’s dominant west urban core micromarket. Located at the intersection of West 5th Street and MoPac (Loop 1), the Property benefits from instantaneous access to Austin’s premier residential neighborhoods. The Property’s micromarket is exceptionally tight, with a 95% average occupancy rate, average asking rents of $50+ PSF NNN and new construction rents of $65+ PSF NNN. The Property is currently 77% leased to investment-grade tenants with 5.0 years of weighted average lease term, offering investors durable in-place cash flow with the opportunity to drive NOI through lease-up of existing vacancies and pushing tenants to market rents as they roll.

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Attributs

Superficie du bâtiment nette
10 774 mètres carrés
Occupation
77 %
Année de construction
2009
Superficie du terrain brute
1,04 ha
VALSE
5 années

Média

Points forts de l'investissement

DIVERSIFIED IN-PLACE CASH FLOW WITH LEASE-UP AND MARK-TO-MARKET OPPORTUNITY


CREDIT-RATED TENANCY


PRIME URBAN CORE LOCATION


URBAN CORE’S OFFICE PERFORMANCE


AUSTIN’S ECONOMIC RESILIENCE


JLL Plaza - 2026 4_Propriété à vendre
JLL Plaza - 2026 4_Propriété à vendre

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Dernière mise à jour Oct 12, 2026