512-637-5528
635 University Blvd, Round Rock, TX for Sale
Storefront - FOR SALE
1/6
null | Request Cap Rate

635 University Blvd
Round Rock, TX 78665


HIGHLIGHTS

  • Fully Leased Unanchored Retail Center
  • High Quality Construction | Built in 2021
  • Located on Primary Retail Corridor in Round Rock
  • Fully Leased to Diverse Mix of Recession Proof Tenants
  • Mark-to-Mark Opportunity within 10 Year Hold | Rents 15% Below Market
  • Exceptional Demographics | $143,187 Avg. Household Income | 185,377 Population Count | 5 Mile Radius

OVERVIEW

Cushman & Wakefield’s Central Texas Private Capital Group is pleased to present to the market the opportunity to acquire 635 University Boulevard, an 11,462 square foot unanchored retail center located on the primarily retail corridor serving Round Rock, TX (Austin MSA). The high quality project was built in 2021 and is fully leased to a diverse and complementary mix of recession proof tenants. The property offers secured, stable cash flows with a 5.4 year WALT and contractual rent steps offering substantial NOI growth during the hold period. The property benefits from high traffic neighbors including Goodwill, Valvoline, and WhiteWater Express Car Wash along with major retailers located within one mile of the property which include HEB, IKEA, and the Round Rock Premium Outlet Malls. Please reach out to a team member to learn more about this opportunity.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,588 SF

ZONING

C-1A General Commercial

APN/PARCEL ID

R589888

ASK ABOUT THIS PROPERTY

Travis CrowCushman & WakefieldMore Info
512-637-5528

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Travis CrowCushman & WakefieldMore Info
512-637-5528

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