Bridgepoint Square 1 - 5_Property for Sale
Bridgepoint Square 1 - 5_Property for Sale
6011 w courtyard drive, Austin Tx 78730-5112

Bridgepoint Square 1 - 5

Portfolio description

Jones Lang LaSalle (“JLL”) has been exclusively retained to offer qualified investors the opportunity to purchase Bridgepoint Square 1-5 (the “Property”), a five-building, 440,007 square foot, office complex overlooking Lake Austin in the hills of Austin, Texas. Located on 27.7-acres on the bluff northwest of the Pennybacker Bridge on Capital of Texas Highway (Loop 360), the Property commands the most iconic views in the city and is surrounded by some of the premier developments in West Austin, including West Lake Hills, Austin Country Club and the adjacent proposed Four Seasons Lake Austin Private Residences. Currently 53% leased to a diverse tenant roster, the Property offers value creation through the lease-up and repositioning of the remaining vacancy. Bridgepoint Square offers a unique opportunity to acquire a significant presence in the Austin market with an exceptional value-enhancement opportunity in the most robust market in the United States. 

...

Attributes

Building area net
40,878 sm
Buildings
5
Land area gross
11.21 ha
Occupancy
53%
WAULT
3.8 years
Investment strategy
Value Add
Call for offers
08/06/2024
Bridgepoint Square 1 - 5 (5 Properties)
Bridgepoint Square 1 - 5 (5 Properties)

Media

Investment highlights

Significant Value Enhancement Opportunity

53% Leased Today / 3.8 Years of WALT

Prestigious Office Asset

Most Prominent Suburban Location / Flexible Floorplates / Top of Market Amenities

Landmark Location

Lake & Downtown Views / Hill Country Setting / Immediate Access to Loop 360 and RM 2222

Loop 360 Office Market

Austin’s Premier Suburban Submarket / 9.4% Rent Growth Since 2020

Affluent Demographics

Executive Housing / Home Values Ranging From $1.2M to $8M in a 1-Mile Radius

Austin #5 City For Real Estate Investment

Source: ULI/PwC (2024)

Bridgepoint Square 1 - 5 4_Property for Sale
Bridgepoint Square 1 - 5 4_Property for Sale

Contact brokers

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Jul 9, 2024