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4701 Mueller Blvd
Austin, TX 78723
Amli Ground Lease at Mueller Town Center · For Lease

PROPERTY FACTS

Property Type Land
Property Subtype Commercial

PROPERTY OVERVIEW

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase an unsubordinated 99-year absolute NNN ground lease beneath a newly constructed, Class A, mixed-use, development in the heart of Austin, Texas. The Property consists of a ±4.922-acre parcel improved with 648 luxury apartment units and approximately 9,920 square feet of ground-floor retail, located within Mueller Town Center—Austin’s most transformative master-planned community. The lease includes a guaranty by a credit worthy entity that remains in place until both a Certificate of Occupancy and a Certificate of Completion are delivered. It features annual CPI-based rental increases, with a floor of 1.00% and capped at 3.50% and is structured as absolute NNN, with the tenant responsible for all taxes, insurance, and maintenance. The tenant is contractually obligated to complete vertical improvements and deliver the required certificates, providing additional execution certainty. With no landlord responsibilities and inflationprotected income in place, the lease offers investors a passive, long-term cash flow stream backed by institutional credit.

HIGHLIGHTS

  • Austin Growth Fundamentals Underscore Long-Term Strength
  • Institutional-Grade Ground Lease Under Core Multifamily + Retail
  • Discounted Basis Relative to Stabilized Improvements
  • Premier Location Within Austin’s Most Transformative Master Plan
  • Credit-Backed Construction with Guaranteed Delivery Milestones
  • CPI-Based Ground Rent Increases Drive Long-Term Reversion Value
  • Listing ID: 36542510

  • Date on Market: 6/30/2025

  • Last Updated:

  • Address: 4701 Mueller Blvd, Austin, TX 78723

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