
21 South Racine Avenue
South Racine Avenue 21, Chicago, IL, 60607, US
1,730 sm
JLL as selling agents are pleased to present 3910 Warehouse Row, a unique investment opportunity in South Austin, TX.
This stand-alone infill shallow bay industrial building spans 12,265 SF and features 100% NNN leased space with a secured, fenced yard. Strategically anchored by a 45% lease to a Fortune 10 e-commerce tenant, this property offers investors a compelling value-add investment with an investment-grade anchor tenant providing stable and reliable cash flow.
The property, located less than five miles from downtown Austin and eight miles from Austin-Bergstrom International Airport, benefits from direct access to IH-35 and US-71, ensuring seamless connectivity across the Austin MSA. Featuring three dock high doors, two grade-level doors, and a 16'6" clear height, this asset meets the demands for functional shallow-bay space in a high-demand infill submarket.
Austin's robust "last mile" location and prolific population and employment growth augment the property's value, with the metro area projected to grow employment by 8% through 2029. Tenants can reach over 25 million residents within a six-hour drive in the thriving Texas Triangle, making it a future covered land play surrounded by retail and multifamily assets.
The investment offers consistent cash flow with a 3.8-year WALT, anchored by a Investment Grade Fortune 10 E-Commerce 4.9-year lease and a five-year extension option. Embrace the opportunity to hold irreplaceable real estate in one of Austin's most sought-after submarkets.
