16040 Park Valley Dr - Medical FOR SALE


Round Rock, TX 78681- Brushy Creek
$4,300,000 USD
512-431-9380
16040 Park Valley Dr, Round Rock, TX for Sale
$4,300,000 USD
Medical - FOR SALE
1/8
null | 6.4% Cap Rate

16040 Park Valley Dr
Round Rock, TX 78681
Brushy Creek


OVERVIEW

Great fully leased stand alone single tenant medical office condo building. Leased to a neurology practice that has been operating in the building for 20+ years. Adjacent to St. David's Hospital Round Rock, Tx. Strong demographics. Strong existing referral network. Tenant made recent tenant improvements. Value: The condo association manages the building common elements. Costs are passed through to tenant. Low medical office vacancy in the area. Would be great for a 1031 buyer or investor looking for a stabilized low management asset.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$361 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stand Alone Single Tenant NNN Medical

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

3.68 AC

LAND SF

160,301 SF

ZONING

PUD

APN/PARCEL ID

R471496

ASK ABOUT THIS PROPERTY

Jon AleshireThe Aleshire CompanyMore Info
512-431-9380

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Jon AleshireThe Aleshire CompanyMore Info
512-431-9380

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