211 S Brown St
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211 S Brown St
8,700 SF 100% Leased Office Building Round Rock, TX 78664 $6,464,025 CAD ($743 CAD/SF) 6.22% Cap Rate
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
Building Size
8,700 SF
Building Class
B
Year Built
2021
Price
$6,464,025 CAD
Price Per SF
$743 CAD
Cap Rate
6.22%
NOI
$401,890 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,984 SF
Building FAR
0.83
Lot Size
0.24 AC
Zoning
MU-2 - Office, medical office, personal services, retail
Parking
22 Spaces (2.53 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Conferencing Facility
- Wheelchair Accessible
- Accent Lighting
- Reception
- Storage Space
- High Ceilings
- Air Conditioning
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $4,264,070 CAD | |
Land Assessment | $742,758 CAD | Total Assessment | $5,006,827 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$742,758 CAD
Improvements Assessment
$4,264,070 CAD
Total Assessment
$5,006,827 CAD
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211 S Brown St
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