Description

Jones Lang LaSalle (“JLL”) is pleased to present the opportunity to acquire a fee simple interest in 1141 (the “Property”), a 65,994 square foot mixed-use office building. Ideally located in the growing submarket of East Austin, the Property enjoys convenient access to surrounding retail and dining amenities. Situated near Airport Blvd, one of Austin’s major thoroughfares, 1141 offers tenants instant connectivity to the nearby residential neighborhoods, downtown Austin, and the Austin-Bergstrom International Airport.

Delivered in 2021, 1141 features a modern design with indoor/outdoor amenities, including a 9,000 square foot courtyard. The Property is thoughtfully tailored to meet tenants’ needs with flexible suite sizes, on-site retail and ample parking.

1141 is currently 64% leased to a variety of tenants, including The Amherst Group, Beckhoff Automation and La Volta Pizza Club. The Amherst Group anchors the Property, occupying over 33% of the building. They have also recently executed a renewal, extending their lease through 2030. Collectively, these tenants make up a diversified rent roll that supports the Property’s durable cash flows.

...