1105 S Mays St, Round Rock, Texas

$1,400,000
Active
1105 S Mays St, Round Rock, Texas
1105 S Mays St, Round Rock, Texas
1105 S Mays St, Round Rock, Texas
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Property Details

MLS ID: ACT9006443
Status: Active
Price: $1,400,000
Acres: 0.53±
Type: Business, Commercial
Address: 1105 S Mays St
City, State: Round Rock, TX
County: Williamson County
ZIP Code: 78664
Parcel Number: 16538000000009
SqFt: 5,025
Year Built: 1997

Description

Rare stabilized NNN investment opportunity on Round Rock's premier commercial corridor, 1105 S. Mays Street, 5,025 SF, 4-suite multi-tenant commercial building on 0.53 acres, C-1 zoning, 100% occupied. Three of four tenants on NNN leases have taxes, insurance, and CAM passed through above the base year, minimizing landlord expense exposure. Flood Zone X OUT (1,636 ft to 100-yr flood plain, FEMA confirmed). Built 1997, brick veneer/frame, C-1 General Commercial zoning. Ideally positioned 0.75 miles north of Downtown Round Rock and approximately 1 mile from Dell Technologies World Headquarters and Switch Inc. hyperscale data center campus. Williamson County top-ranked growth county in Texas. 1-mile population projected +12.4% by 2030. 3-mile median household income $89,978. Excellent 1031 Exchange candidate stabilized NNN income, diversified tenant base, staggered lease expirations. Value-add opportunity: one MTM gross lease conversion to NNN term increases NOI with no capital investment. Tenant and suite details available upon execution of the confidentiality agreement. Showing by appointment only listing agent must be present. 24-hour advance notice required.

Directions: Traveling S on Mays St from the Downtown Round Rock property on the right approx 0.75 mi south of Main St. Monument sign reads 1105. Park in the front lot.

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Listed By: Kevin Morales of Central Metro Realty - (210) 274-5335