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Freestanding 2nd Generation Restaurant 351 Palm Valley Blvd 2,446 SF of Retail Space Available in Round Rock, TX 78664
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,446 SF | 5 Years | $42.00 /SF/YR $3.50 /SF/MO $452.08 /m²/YR $37.67 /m²/MO $8,561 /MO $102,732 /YR | Triple Net (NNN) |
1st Floor
Here’s a great opportunity to lease a freestanding restaurant in a high-traffic location on US HWY 79, with excellent visibility from IH-35. This 2,446 SF space also features a spacious 940+ SF patio (WCAD), perfect for outdoor dining. The restaurant is currently operating (please do not disturb the business) and comes with an active Beer & Wine License. Located at a lighted intersection with deceleration lanes in both directions, it offers great accessibility and huge signage potential, including a revolving pylon sign. Lease terms are $42 PSF + NNN, with a five-year commitment. Mexican restaurant concepts are not permitted. If you’re looking for a prime spot to bring your restaurant concept to life, this is it!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Central Air and Heating
- Private Restrooms
- Freezer Space
- Wi-Fi Connectivity
- High Ceilings
- Yard
- Wheelchair Accessible
- Prime Frontage on US HWY 79
- Expansive signage opportunity on building
- Revolving Poll Sign
- 34 exclusive and 24 cross parking (58 total)
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,446 SF | Gross Leasable Area | 2,446 SF |
| Property Type | Retail | Year Built | 2004 |
| Property Subtype | Restaurant | Parking Ratio | 22.89/1,000 SF |
| Total Space Available | 2,446 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,446 SF |
| Year Built | 2004 |
| Parking Ratio | 22.89/1,000 SF |
ABOUT THE PROPERTY
Here’s a great opportunity to lease a freestanding restaurant in a high-traffic location on US HWY 79, with excellent visibility from IH-35. This 2,446 SF space also features a spacious 940+ SF patio (WCAD), perfect for outdoor dining. The restaurant is currently operating (please do not disturb the business) and comes with an active Beer & Wine License. Located at a lighted intersection with deceleration lanes in both directions, it offers great accessibility and huge signage potential, including a revolving pylon sign. Lease terms are $42 PSF + NNN, with a five-year commitment. Mexican restaurant concepts are not permitted. If you’re looking for a prime spot to bring your restaurant concept to life, this is it!
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
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Freestanding 2nd Generation Restaurant | 351 Palm Valley Blvd
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