District 121_Immobilie zu verkaufen
District 121_Immobilie zu verkaufen
7300 State Highway 121, McKinney, TX, 75070, US

District 121

Objektbeschreibung

JLL Institutional Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire District 121 (the “Property”), a boutique, 190,345 square foot office building positioned along State Highway 121. The Property has a full set of modern amenities with walkable access to recently developed multifamily, shops, restaurants, and a concert venue. District 121 currently sits 85% leased to a curated group of national and regional credit tenants. With $50+ million of remaining contractual revenue and 7+ years of weighted average lease term, the offering presents a rare opportunity to gain access to long term, stable cashflow in a new construction class A asset, with downside protection in one of the nation’s fastest growing markets. 

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Eigenschaften

Gebäudefläche brutto
17.684 m²
Vermietungsstand
85 %
Baujahr
2022
WALT
7.1 Jahre
Anzahl der Etagen
8

Medien

Investment-Highlights

  • BRAND NEW CONSTRUCTION 
  • TIER 1 OFFICE ASSET DEVELOPED IN A MIXED-USE AMENITY HUB
  • PROVEN DEMAND 
  • WITH 190K+ RSF OF LEASES EXECUTED SINCE 2022
  • BOOMING MIXED-USE ENVIRONMENT
  • 17% BELOW MARKET IN-PLACE RENTS
  • EXCEPTIONAL VISIBILITY & ACCESS
  • ALONG MAJOR STATE HIGHWAY 121
  • THRIVING DALLAS FORT WORTH ECONOMY
  • PHENOMENAL PHYSICAL OCCUPANCY
  • NO CAPITAL REQUIREMENTS FOR REMAINING VACANCIES WITH WITH LEASE READY SPEC SUITES
District 121 4_Immobilie zu verkaufen
District 121 4_Immobilie zu verkaufen

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District 121 (0 Objekte)
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Zuletzt aktualisiert
19. Sept. 2024