Four Points I & II
Office | 192,396 SqFt
Marketing description
Four Points I & II is a 192,396 SF two building office complex located in Northwest Austin. The property features two three-story buildings built in 2008 with highly efficient 33,000 square foot floor plates. The property is currently 16% occupied, presenting an ideal user buyer opportunity with the ability to occupy the entire project in the future or divide the project into two separate user buildings.
The property is located in a high-growth area with explosive growth in the 2222 and 620 corridor, highlighted by ARM taking the Highpoint campus and NXP taking down Champion. The Best in Class LEED certified building offers flexible floor plates, onsite fitness facility with showers, and easy access to all parts of the city via 2222 and 620. The walkable location provides access to an incredible array of outdoor amenities including Lake Travis and Balcones Canyonlands Preserve, with numerous restaurants and retail within a 2 mile radius.
Investment highlights
- Ideal user buyer project at only 16% current occupancy and ability to occupy the entire project in the future
- Potential to divide the project into two separate user buildings
- Explosive growth in the 2222 and 620 area with the recent announcement of ARM taking the Highpoint campus and NXP taking down Champion
- No new construction in the market or the submarket in the foreseeable future
- Relatively new construction of the project (2008) limits any major capital requirements for the buyer or investor
- Three story project with highly efficient 33,000 square foot floor plates
- Walkable location with access to an incredible array of outdoor amenities including Lake Travis and Balcones Canyonlands Preserve
- Onsite amenities include fitness facility with showers, numerous restaurants and retail in a 2 mile radius
- Easy access to all parts of the city via 2222 and 620
- Best in Class LEED certified building with flexible floor plates
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