San Clemente at Davenport
3600 North Capital of Texas Highway, Austin, TX, 78746, US
2 957 mètres carrés
Description de l'actif
Jones Lang LaSalle (“JLL”) is pleased to offer the opportunity to purchase Cypress Creek Village (the “Property”), a 28,566 square foot retail center in the Cedar Park submarket of Austin, Texas. Located off South Lakeline Blvd and Cypress Creek Road, Cypress Creek Village is conveniently accessible to the surrounding affluent residential neighborhoods and premier schools, establishing itself as a go-to retail destination for locals and visitors alike.
Cedar Park has seen tremendous growth over the last decade, ranking as one of the fastest-growing cities in the U.S. This growth has fueled strong retail fundamentals, as proven by an average occupancy rate of 96% since 2020.
With 6.3 years of remaining average lease term, 26% below-market rents, and 4,099 square feet of existing vacancy, Cypress Creek Village offers investors a superior value-add investment opportunity within one of the nation’s strongest retail markets.
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Attributs
Superficie du bâtiment nette
2 654 mètres carrés
Occupation
86 %
Année de construction
2001
Superficie du terrain nette
1,42 ha
VALSE
6.3 années
Média
Points forts de l'investissement
- Mark To Market Opportunity
- Value-Add Opportunity Through Lease-Up While Retaining Positive Cash Flows
- Cedar Park Has Ranked As One Of The Fastest-Growing Cities In The U.S.
- Strong Retail Fundamentals Within The Submarket
- National Credit Tenancy
Contactez les courtiers
Cypress Creek Village (0 Propriétés)
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Dernière mise à jour
3 avr. 2025
