104 Northwest Dr - Day Care Center FOR SALE


Round Rock, TX 78664
$2,200,000 USD
512-472-2100
104 Northwest Dr, Round Rock, TX for Sale
$2,200,000 USD
Day Care Center - FOR SALE
1/8
null | 6.4% Cap Rate

104 Northwest Dr
Round Rock, TX 78664


HIGHLIGHTS

  • 6.4% cap rate with 3% rent rate escalations baked into the lease
  • Prime location within round rock within minutes from major regional draws and alongside major transportation routes
  • Possible Seller Financing for approved buyers

OVERVIEW

This portfolio sits at 104–106 Northwest Dr, just west of the Downtown Round Rock Historic Commercial District (National Register, covering the 100–200 blocks of E. Main St). This puts the assets within a short walk of Main Street restaurants, boutiques, and Centennial Plaza—the city’s programmed event lawn and amphitheater. The downtown core hosts regular civic and cultural events (e.g., the Round Rock Arts Fest), keeping foot traffic and visibility high well beyond office hours. A few minutes east sits Kalahari Resorts & Conventions, a regional destination with 975 guest rooms and 200,000 SF of flexible meeting space, plus a major indoor waterpark and family entertainment venues driving year-round visitation, corporate events, and hospitality spend. This complements downtown’s daily restaurant traffic and nightlife, bolstering service-oriented tenancy options at the subject site. Access & mobility. The properties benefit from quick connections to I-35 and US-79/Palm Valley Blvd, the city’s primary north-south and east-west corridors Zoning & use flexibility. Both buildings are marketed under C-1 (Commercial) allowances retail and office among permitted uses supporting straightforward re-tenanting across professional services, boutique retail, studio/academy, or medical/professional office concepts. With tenants intending to remain on triple-net terms (tenants cover taxes/insurance/CAM), the portfolio targets low-touch ownership and durable cash flow. The downtown adjacency plus destination-grade demand drivers (Kalahari, ongoing downtown events) support long-term occupancy and exit flexibility—either hold as a two-building portfolio or future carve-out sales.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$525 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

104-106 Northwest Drive

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

C1

APN/PARCEL ID

R318562

ASK ABOUT THIS PROPERTY

Grayson SilvermanMcAllister & AssociatesMore Info
512-472-2100

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Grayson SilvermanMcAllister & AssociatesMore Info
512-472-2100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.