512-619-1958
2727 Exposition Blvd, Austin, TX for Sale
Retail - FOR SALE
1/9
null | Request Cap Rate

2727 Exposition Blvd
Austin, TX 78703
Tarrytown


HIGHLIGHTS

  • Generational Infill Real Estate
  • Grocery Anchored Shopping Center
  • Below Market Rents
  • Austin's Best Demographics
  • Long-term redevelopment Opportunity

OVERVIEW

Jones Lang LaSalle (“JLL”) is pleased to present the exclusive opportunity to purchase Casis Village (the “Property”), a prominent grocery-anchored, service-oriented retail center in Austin’s most affluent neighborhood. Located along Exposition Blvd, one of the main thoroughfares connecting Austin proper to the residential neighborhood of Tarrytown, the Property benefits from heightened visibility and high demand in a heavily under-supplied market. Casis Village is currently 92% leased to a diverse mix of service-oriented retailers, including Randalls, Starbucks and Tarrytown Pharmacy, offering investors a durable rent roll with mark-to-market opportunities. Given its dominant location and diverse tenant mix, the Property is famed for its convenient accessibility, becoming the one-stop retail destination for Tarrytown residents. With 5.9 years of remaining average lease term, 57% below-market rents, and 3,705 square feet of existing vacancy, Casis Village presents investors with a rare value-add opportunity in one of Austin’s most coveted and under-supplied markets.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Casis Village Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.4 AC

LAND SF

147,981 SF

ZONING

CS

APN/PARCEL ID

119545

ASK ABOUT THIS PROPERTY

512-619-1958

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

512-619-1958

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.