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Austin Industrial Property Investment Opportunity at Southpark Corporate Center

Tuesday, August 11, 2015

HFF is proud to exclusively offer investors with the opportunity to acquire a 100-percent leased, core, institutional quality industrial project within the coveted Southeast Austin industrial market.

Southpark Corporate Center in Austin, TX. Southpark Corporate Center is just east of IH 35, one of the country's major distribution routes. Built in 1995, this two-building property totals 176,000 square feet and is currently leased to six tenants in various industries, including telecommunications, printing, automotive, household goods and document shredding and document destruction services. All tenants have an average remaining lease term of three years, and annual rent increases with the average base rental rates increasing 9.3 percent over the remaining terms of the leases.

The two Class A distribution buildings competitive features include 24' clear heights, 200' shared truck court, ESFR sprinkler system, 40' x 40' column spacing and a 1.70 : 1,000 parking ratio.

Austin's industrial market consists of 94.8 million square feet that is more than 90 percent occupied, and warehouse occupancy and rental rates have steadily increased over the past few years.

Industrial Property Investment Benefits
  • 100-percent leased with additional upside
  • Class A assets
  • Premier location

If you are looking for industrial properties in Austin and want more information on the Southpark Corporate Center, please contact the HFF Austin office.

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