Hays Commerce Center 3 & 4_Property for Sale
Hays Commerce Center 3 & 4_Property for Sale
301 Vista Ridge Drive, Kyle, TX, 78640, US

Hays Commerce Center 3 & 4

Asset description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained by ownership to offer qualified investors the opportunity to acquire Hays Commerce Center 3 & 4 (the “Property”, “Portfolio” or “Hays Commerce Center”), a 178,549 square foot industrial park located in Kyle, TX, an explosive growth suburb of Austin. The Property is strategically positioned on I-35, one of the most vital north / south thoroughfares that connects Mexico to San Antonio, Austin, DFW, and beyond to the North Central region of the US. Hays Commerce Center, just 19 miles south of Austin-Bergstrom International Airport, is currently 100% leased to five tenants with average in-place rents 24% below market, presenting an attractive mark-to-market opportunity for potential investors. Newly constructed in 2022, the Property is offered at a discount to replacement cost and presents a secure cash flowing investment with future upside.

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Attributes

Building class
A
Building area gross
16,588 sm
Occupancy
100%
WAULT
4.4 years
Year built
2022

Media

Investment highlights

  • 100% LEASED CLASS A PROJECT
  • UPSIDE THROUGH MARK-TO-MARKET RENTS
  • NEW INSTITUTIONAL QUALITY CONSTRUCTION
  • INTERCONNECTED I-35 CORRIDOR
  • HIGH GROWTH KYLE, TX
Hays Commerce Center 3 & 4 4_Property for Sale
Hays Commerce Center 3 & 4 4_Property for Sale

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Hays Commerce Center 3 & 4 (0 Properties)

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Last updated
May 16, 2024