Encino Trace_Property for Sale
Encino Trace_Property for Sale
5707 Southwest Pkwy, Austin, TX, 78735-6219, US

Encino Trace

Asset Description

JLL (Jones Lang LaSalle Americas, Inc.) is pleased to present the opportunity to acquire a fee simple interest in Encino Trace (the “Property”), two Class A office buildings totaling 324,342 square feet. Located in the Southwest Austin submarket, the Property is in close proximity to Austin’s most affluent neighborhoods including Travis Country, Lost Creek, Rollingwood and West Lake Hills. Encino Trace is currently 86.9% leased to a diversified roster of tenants with 6.7 years of WALT and anchored by credit tenants including, ARM (subsidiary of SoftBank Group, S&P: BB+), which currently leases 52% of RBA, Kestra Financial (S&P: B-) and Progressive Insurance (S&P: A+). 

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Attributes

Building area net
324,342 sf
Occupancy
87%
WALT
6.7 years
Year built
2015
Number of buildings
2

Media

Investment Highlights

  • CONVENIENTLY LOCATED ON SOUTHWEST PARKWAY
  • 6.7 YEARS OF WALT ANCHORED BY ARM (52% OF NRA) AND KESTRA FINANCIAL (21% OF NRA)
  • SURROUNDED BY SIX MAJOR SHOPPING CENTERS
  • LIMITED FUTURE SUPPLY DUE TO IMPERVIOUS COVER RESTRICTIONS
Encino Trace 4_Property for Sale
Encino Trace 4_Property for Sale

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Encino Trace (0 Properties)

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Last updated
8 Apr 2025