Asking Price
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Property Description

Jones Lang LaSalle (“JLL”) has been exclusively retained by ownership to offer qualified investors the opportunity to purchase 2000 E Martin Luther King Jr. Blvd (the “Property” or “United Way Building”), a 22,612 square foot office building located in Austin, Texas. The Property is prominently located on the corner of E Martin Luther King Jr. Boulevard in Austin’s burgeoning East side with ideal access to Interstate 35. In the heart of Central East Austin, the United Way Building is at the center of one of Austin’s most vibrant and dynamic neighborhoods. Walking distance to several restaurants and amenities, tenants have no shortage of dining and entertainment options. Additionally, the University of Texas and Dell Seton Medical Center are just on the west side of Interstate 35 providing exceptional access to employment and educational hubs. Investors are presented with the unique opportunity to purchase a recently vacant property with optionality to occupy the space as an owner-occupant, re-tenant the space, or redevelop the existing site. 

Investment Highlights

  • Rare Owner-Occupant or Opportunistic Investment
  • East Office Submarket
  • Transportation Thoroughfare
    • Half of a mile to IH-35
    • Less than three miles to US-290
    • 15-minute walk to MLK Jr. Capital MetroRail Station
  • Proximity to Demand Drivers:
    • University of Texas
    • Innovation District
    • Downtown Austin
    • East Austin
  • Rapidly Expanding Central East Neighborhood
  • May be Suitable for Future Redevelopment
Last Updated Date: 08 Apr 2021
Jeff Coddington
Jeff Coddington
Senior Director, Capital Markets
Cathy Nabours
Managing Director, Capital Markets

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Last Updated Date: 08 Apr 2021

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