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600 Round Rock West
Round Rock, TX 78681
Building 3 - #303-304 · Office Property For Sale
·
3,395 SF
Executive Summary
Rare chance to acquire a fully leased, income-producing office condo in one of Round Rock's most established suburban office corridors. This 1,716 SF unit carries a signed lease through August 31, 2028 with Tactix Consulting Group, Inc., featuring built-in annual rent escalations that grow NOI from $3,025/month today to $3,270/month by Year 3 — delivering a going-in cap rate of approximately 4.5% with a clear path to 5.0% without any landlord action required. The suite is improved with a private reception area, two offices, a conference room, a full kitchen/break room with refrigerator, dishwasher and microwave, and one restroom — approximately half built-out and half open office, offering flexibility for a future tenant at lease expiration. Property is approximately 0.6 miles away from the southbound IH-35 Frontage Road at McNeil Drive. Property is in close proximity to Dell, La Frontera and other surrounding shopping centers. Property is approximately 5 minutes or less drive from access to FM 620, SH 45 and Mopac.
1 Unit Available
Unit 303/304
| Unit Size | 1,716 SF | Sale Type | Investment or Owner User |
| Condo Use | Office |
| Unit Size | 1,716 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
Description
Rare chance to acquire a fully leased, income-producing office condo in one of Round Rock's most established suburban office corridors.
Property is approximately 0.6 miles away from the southbound IH-35 Frontage Road at McNeil Drive. Property is in close proximity to Dell, La Frontera and other surrounding shopping centers. Property is approximately 5 minutes or less drive from access to FM 620, SH 45 and Mopac.
Sale Notes
Rare chance to acquire a fully leased, income-producing office condo in one of Round Rock's most established suburban office corridors.
This 1,716 SF unit carries a signed lease through August 31, 2028 with Tactix Consulting Group, Inc., featuring built-in annual rent escalations that grow NOI from $3,025/month today to $3,270/month by Year 3 — delivering a going-in cap rate of approximately 4.5% with a clear path to 5.0% without any landlord action required.
The suite is improved with a private reception area, two offices, a conference room, a full kitchen/break room with refrigerator, dishwasher and microwave, and one restroom — approximately half built-out and half open office, offering flexibility for a future tenant at lease expiration.
Property Facts
| Total Building Size | 3,395 SF | Typical Floor Size | 3,395 SF |
| Property Type | Office (Condo) | Year Built | 1998 |
| Property Subtype | Office/Residential | Lot Size | 2.59 AC |
| Building Class | B | Parking Ratio | 16.75/1,000 SF |
| Floors | 1 | ||
| Zoning | C2 - Commercial Condo Office | ||
| Total Building Size | 3,395 SF |
| Property Type | Office (Condo) |
| Property Subtype | Office/Residential |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 3,395 SF |
| Year Built | 1998 |
| Lot Size | 2.59 AC |
| Parking Ratio | 16.75/1,000 SF |
| Zoning | C2 - Commercial Condo Office |
