Industrial & Logistics

3830 Promontory Point

3830 Promontory Point Dr Austin, Texas United States 78744-1100
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Building Area

Property description

Jones Lang LaSalle, Inc. (“JLL”) is pleased to exclusively offer the unique opportunity to acquire 3830 Promontory Point (the “Property”), a single tenant investment opportunity of a 69,332 square-foot distribution facility located in Austin, Texas. 100% leased to White Glove Storage and Delivery (the “Tenant”). The Property is located in southeast Austin near the intersection of Interstate 35 and State Highway 71, providing exceptional regional connectivity to Texas’ other major metros as well as outstanding rooftop accessibility to the entire Austin-Round Rock MSA via I-35, SH-183, and SH-130. The Property benefits from its close proximity to Austin Bergstrom International Airport, downtown Austin, and the city’s high density residential areas, which are a 10-minute or less drive from the property. 3830 Promontory Point presents investors with an outstanding opportunity to acquire a light industrial facility with a best-in-class location on a long-term lease in one of the fastest growing metros in the nation.

Investment highlights

  • 100% Leased to Single-Tenant with 6.5 Years of WALT Remaining
  • Mission Critical Warehouse & Distribution Location
  • Premier Infill Logistics Location with Exceptional Interstate Access
  • Coveted Southeast Industrial Submarket
Last Updated Date: 26 Aug 2021
Dom Espinosa
Dom Espinosa
Director, Capital Markets

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Last Updated Date: 26 Aug 2021

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