• Broker Robert Rothenberg 5128644834

211 S Brown St 9,888 SF 70% Leased Office Building Round Rock, TX 78664 $4,500,000 ($455.10/SF) 6.22% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Excellent location. Very close to downtown Round Rock. Also close to Interstate 35.
  • Adjacent to plentiful public parking.
  • Appealing design. Panoramic views.
  • Seller financing available.

EXECUTIVE SUMMARY

Prime investment opportunity. Seller financing available. Fully leased, 3-story office/retail property near downtown Round Rock, Texas. Excellent condition. All leases are triple net. 6.22 cap. Average annual income is $279,780. In the heart of booming Central Texas (halfway between Austin and Georgetown). Seller financing terms: 20% down, 10% interest, 20-year amortization.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
9,888 SF
Building Class
B
Year Built
2021
Price
$4,500,000
Price Per SF
$455.10
Cap Rate
6.22%
NOI
$279,780
Percent Leased
70%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,296 SF
Building FAR
0.95
Lot Size
0.24 AC
Zoning
MU-2 - Zoning is MU-2 (personal services, office, medical office, retail)
Parking
22 Spaces (2.22 Spaces per 1,000 SF Leased)

AMENITIES

  • Controlled Access
  • Conferencing Facility
  • Wheelchair Accessible
  • Accent Lighting
  • Reception
  • Storage Space
  • High Ceilings
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 200
  • 2,971 SF
  • Office
  • Full Build-Out
  • 30 Days

The office contains multiple large and smaller offices, conference rooms, break room, reception, storage, two restrooms. Amazing views. Electronic Self-tinting windows to keep it cool in summer.

  • 3rd Fl-Ste 300
  • 2,984 SF
  • Office
  • Full Build-Out
  • Now

The office contains a more open plan layout, multiple conference rooms, break room, reception, storage, two restrooms. Amazing views. Electronic Self-tinting windows to keep it cool in summer.

Space Size Space Use Condition Available
2nd Fl-Ste 200 2,971 SF Office Full Build-Out 30 Days
3rd Fl-Ste 300 2,984 SF Office Full Build-Out Now

2nd Fl-Ste 200

Size
2,971 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

3rd Fl-Ste 300

Size
2,984 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 200

Size 2,971 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

The office contains multiple large and smaller offices, conference rooms, break room, reception, storage, two restrooms. Amazing views. Electronic Self-tinting windows to keep it cool in summer.

3rd Fl-Ste 300

Size 2,984 SF
Space Use Office
Condition Full Build-Out
Available Now

The office contains a more open plan layout, multiple conference rooms, break room, reception, storage, two restrooms. Amazing views. Electronic Self-tinting windows to keep it cool in summer.

PROPERTY TAXES

Parcel Numbers R638693, R638694 Improvements Assessment $2,665,410
Land Assessment $514,400 Total Assessment $3,179,810

PROPERTY TAXES

Parcel Numbers
Multiple
  • R638693
  • R638694
Land Assessment
$514,400
Improvements Assessment
$2,665,410
Total Assessment
$3,179,810

MAP

ADDITIONAL PHOTOS

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