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4030 W Braker LnAustin, TX 78759
Stonelake 1-5
Asset ClassOffice
# Buildings5
Square Feet: 123,761Occupancy: 48.2%Access Data Room
Mixed-Use Flex Office Project Located Less Than 1-Mile From The Domain
overview of deal

Overview

Cushman & Wakefield’s Capital Markets Group is pleased to present to the market, the opportunity to acquire Stonelake 1-5, a five building, 123,761 square foot office project located less than a mile from the Domain, Austin’s “second downtown.” Situated in Quarry Business Park, a mixed-use development featuring restaurants, a world class gym, hike and bike trails and access to the crystal-clear Quarry Lake, Stonelake 1-5 is a truly one-of-a-kind setting catering to a multitude of tenants.

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Investment Highlights

  • Less than half a mile from the Domain
  • Originally developed by Trammell Crow as a flex office facility to serve the high growth North Austin area
  • Property asking rates at a 50% discount to Domain rates
  • In-place currently 18% below market rates
  • Immediate access to Mopac Expressway, U.S. 183 and Loop 360

Property Overview

Description
Address
4030 Braker Lane, Austin, TX
Net Rentable Area
123,761 SF
Land Size
8.299 Acres
Parking
365 Surface Spaces (2.95:1,000 NRSF)
Zoning
LI (Light Industrial)
Year Built
1986-1987
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deal gallery image
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4030 W Braker LnAustin, TX 78759

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Listing provided by Revere CRE