Asking Price Contact for pricing
Sq. Footage
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2008

Property Description

With 3.7 years of WALT remaining, Park Central is currently 94% leased to a diverse set of creditworthy tenants including Lam Research, Retro Studios (subsidiary of Nintendo), the State of Texas Comptroller, NCS Pearson, Diebold Nixdorf and PCE Paragon Solutions (subsidiary of Foxconn). Additionally, in-place rental rates are approximately 22% below market, presenting an exceptional value enhancement opportunity balanced by a secure income stream and diverse tenant base in one of the nation’s top performing markets, Austin, Texas.

Investment Highlights

Jones Lang LaSalle (“JLL”) is pleased to offer the exclusive opportunity to purchase Park Central (the “Property”), a 114,091 square foot Class A suburban office asset located in North Central Austin, Texas.
Kelsey Shebay
Kelsey Shebay
Managing Director
Drew Fuller
Drew Fuller
Director
Licensed in
604743

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