
Encino Trace
5707 Southwest Pkwy, Austin, TX, 78735-6219, US
30,132 sm
JLL Institutional Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire District 121 (the “Property”), a boutique, 190,345 square foot office building positioned along State Highway 121. The Property has a full set of modern amenities with walkable access to recently developed multifamily, shops, restaurants, and a concert venue. District 121 currently sits 92% leased to a curated group of national and regional credit tenants. With $45+ million of remaining contractual revenue and 6.5 years of weighted average lease term, the offering presents a rare opportunity to gain access to long term, stable cashflow in a new construction class A asset, with downside protection in one of the nation’s fastest growing markets.