Description

JLL is pleased to present the exclusive offering of The Village, a premier neighborhood retail destination located at the highly trafficked intersection of Anderson Lane and Burnet Road in the heart of Central Austin, Texas. The Property comprises 142,954 SF of retail space and serves as a long-standing community shopping destination anchored by a diverse mix of national, regional, and local tenants. Positioned within one of Austin's most affluent and supply-constrained retail corridors, The Village benefits from exceptional visibility, accessibility, and a deeply established customer base.

The asset offers stable in-place cash flow with meaningful upside through strategic leasing, tenant curation, and property enhancements. Surrounded by Austin's most desirable neighborhoods-including Allandale, Brentwood, Crestview, Rosedale, and Northwest Hills—The Village presents a rare opportunity to acquire an irreplaceable infill retail asset with long-term rent growth and value creation potential in one of the nation's most dynamic markets.

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Attributes

Building area net

142,954 sf

Occupancy

82.6%

Year built

1973

Land Area

12 Ac

Media

Investment Highlights

RARE VALUE ADD/REPOSITION OPPORTUNITY

Prime Anderson Lane asset with significant mark-to-market and lease up upside as well as repositioning potential.

IRREPLACEABLE INFILL ANDERSON RETAIL CORRIDOR

Located in Austin’s established Anderson Lane corridor, the Property benefits from strong retail fundamentals and enduring consumer demand.

OUTSIZED AFFLUENT TRADE AREA DUE TO LACK OF CENTRAL AUSTIN RETAIL SUPPLY

Unmatched access to Austin’s most affluent neighborhoods, with a unique opportunity to deliver the elevated retail and dining concepts currently underserved in Central Austin.

LONG-TERM DENSITY & EMBEDDED LAND VALUE UPSIDE

Rare opportunity to acquire 12 acres in infill Austin with long-term density upside.