Log In/Sign Up
Your email has been sent.
635 University Blvd 11,462 SF 100% Leased Retail Building Round Rock, TX 78665 For Sale
INVESTMENT HIGHLIGHTS
- Fully Leased Unanchored Retail Center
- Located on Primary Retail Corridor in Round Rock
- Mark-to-Mark Opportunity within 10 Year Hold | Rents 15% Below Market
- High Quality Construction | Built in 2021
- Fully Leased to Diverse Mix of Recession Proof Tenants
- Exceptional Demographics | $143,187 Avg. Household Income | 185,377 Population Count | 5 Mile Radius
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
11,462 SF
Building Class
B
Year Built
2021
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.34 AC
Zoning
C-1A General Commercial
Parking
58 Spaces (5.06 Spaces per 1,000 SF Leased)
Frontage
152’ on University Boulevard
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R589888 | Improvements Assessment | $5,058,951 CAD |
| Land Assessment | $3,124,849 CAD | Total Assessment | $8,183,800 CAD |
PROPERTY TAXES
Parcel Number
R589888
Land Assessment
$3,124,849 CAD
Improvements Assessment
$5,058,951 CAD
Total Assessment
$8,183,800 CAD
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
635 University Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.