Firestone Round Rock, TX

17300 Ranch Road 620
Round Rock, TX

Price: $4,643,000
Cap Rate: 4.75%
NOI: $220,519
Building Size: Approx. 6,116 Sq. Ft.
Lot Size: Approx. 0.88 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2020

Investment Overview

  • 2020 Construction. 6,116+/- SF Building on 0.88+/- Acre Site
  • New 15-Year Corp Absolute NNN Lease Projected to Open March 2020 | 5% increases every 5-years in primary term and option periods
  • Located along RM 620 “Round Rock Ave” (42,000 + VPD), just north of where RM 620 intersects with O’Connor Drive (17,000 + VPD)
  • Round Rock Ranks #2 Money Magazine Best Places to Live in US – Sept 2019
  • Adjacent to HEB, LA Fitness, and St. David’s Medical (171 beds) and 3-Miles from Dell Technologies World HQ (11,100 employees)
  • 3-Mi. Radius -Avg. HH Income & Population $120k/70k | Round Rock is just north of Austin, TX