Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY 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.

Attributes

Year Built 2008
Building Area Gross
Occupancy 99.0 %

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present the rare opportunity to acquire 1890 Ranch (“the Property”), a best-in-class retail destination consisting of 444,248 SF of quality anchor and shop space, represented by an exceptional line up of national retailers including Super Target (NAP), Hobby Lobby (NAP), Ross, Academy, Natural Grocers, Burlington, PetSmart, and more. Located in Austin, Texas’ rapidly growing Northwest suburb, Cedar Park, the Property serves a vast and growing trade area consisting of 213,000 people with an avg. HH income of $124,000 within a 5-mile radius.

Investment Highlights

  • Top 2% of shopping centers nationally
  • Significant in-place cash flow with strong national tenancy
  • 205% population increase from 2000-2021 (3-mile radius)
  • Potential redevelopment opportunity
  • Robust demographics - $124,000 Avg HH income (5-mile radius)
  • Austin, Texas is the #1 city for real estate investment (2020)
Last Updated Date: 26 May 2022

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Last Updated Date: 26 May 2022

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