Documents
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Attributes
Year Built | 2019 |
Building Area Net |
|
Land Area Net |
|
Occupancy | 100.0 % |
Asset Description
JLL is pleased to offer the exclusive opportunity to purchase the Lone Star Tangible Assets Building (the “Property”) a 38,022 square-foot, 100% leased single-tenant flex office/industrial asset located in the growing northwest Austin suburb of Leander. The Property is currently 100% leased to the United States Gold Bureau (the “Tenant”), one of the country’s leaders in the precious metals industry, on an original 20-year NNN lease with no termination options and contractual annual rent increases. Serving as a mission critical facility, the Tenant has invested in excess of $300 PSF into the building via high-end finishes and security infrastructure. The area surrounding the Property boasts superior access via U.S 183 and is rapidly transforming as a result of record-setting population growth and corporate investment including St. David’s Emergency Center, H-E-B’s expansion, the Northline Leander mixed-use development, and the city’s growing town center at Leander Station.
Investment Highlights
- Institutional Quality, Mission Critical Facility
- Long-Term Triple Net Lease to Tenured Industry Expert
- Burgeoning Austin Suburb
- Austin's Industrial Boom
- Influx of New Synergistic Developments
- Nation Leading Economy