Description de l'actif
Jones Lang LaSalle (“JLL”) has been exclusively retained by the owners to offer potential investors the opportunity to purchase 7th & Pleasant Valley (the “Property” or “Site”), a 3.124-acre development site. The Property is prominently located on the NWC quadrant of East 7th Street and Pleasant Valley Road in the heart of Austin’s burgeoning East Side along the amenity-rich 7th Street corridor. 7th & Pleasant Valley is in one of Austin’s most vibrant and fast-growing neighborhoods with convenient proximity to the rest of the east side as well as downtown Austin.
Caractéristiques de l'actif
Points clés d'investissement
- This is the last larger available Site on the 7th Street corridor between the Austin CBD and Highway 183 for development without having to assemble multiple tracts
- 7th & Pleasant Valley is located near demand drivers such as Austin’s CBD, UT Austin, Oracle’s HQ campus, Tesla’s Gigafactory, Lady Bird Lake and more, all within a few miles of the Site
- The Site is just a 4-minute drive to the Central Business District, 7-minute drive to Mueller, and 19-minute drive to the Domain, Austin’s second downtown
- Many smaller sites along East 7th are being redeveloped into higher and better uses that suit the East side being in such close proximity to the Austin CBD