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