US - Lubbock, TX
$10,146,000 | 70,479 sf
Jones Lang LaSalle ("JLL") is pleased to extend the opportunity to acquire 125 Lincoln & 150 Washington (the "Property" or the "Offering"), a mixed-use asset with 138,413 SF of high-performing, class A office and retail situated in the heart of downtown Santa Fe. The 84% leased, two building Property boasts a committed tenant roster with an average tenure of over 13 years and a 3.8 year WALT. The Property's cash flow is largely supported by its loyal & diverse tenant base consisting of national financial service firms such as Morgan Stanley, Deloitte, Raymond James; local law firms; and established coworking operators which together account for over 61% of the Property’s total revenue.
Centrally located within Santa Fe’s downtown covering a full city block, the irreplaceable site attracts extensive foot traffic from the City’s thriving tourist market, presenting investors with a rare opportunity to acquire the top mixed-use asset in a diverse investment market.