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104-106 Northwest Drive 104 Northwest Dr 6 481 pi² Commerce de détail Immeuble Round Rock, TX 78664 3 045 702 $ CAD (469,94 $ CAD/pi²) 6,40% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- 6.4% cap rate with 3% rent rate escalations baked into the lease
- Prime location within round rock within minutes from major regional draws and alongside major transportation routes
RÉSUMÉ DE L'ANNONCE
This portfolio sits at 104–106 Northwest Dr, just west of the Downtown Round Rock Historic Commercial District (National Register, covering the 100–200 blocks of E. Main St). This puts the assets within a short walk of Main Street restaurants, boutiques, and Centennial Plaza—the city’s programmed event lawn and amphitheater. The downtown core hosts regular civic and cultural events (e.g., the Round Rock Arts Fest), keeping foot traffic and visibility high well beyond office hours.
A few minutes east sits Kalahari Resorts & Conventions, a regional destination with 975 guest rooms and 200,000 SF of flexible meeting space, plus a major indoor waterpark and family entertainment venues driving year-round visitation, corporate events, and hospitality spend. This complements downtown’s daily restaurant traffic and nightlife, bolstering service-oriented tenancy options at the subject site.
Access & mobility.
The properties benefit from quick connections to I-35 and US-79/Palm Valley Blvd, the city’s primary north-south and east-west corridors
Zoning & use flexibility.
Both buildings are marketed under C-1 (Commercial) allowances retail and office among permitted uses supporting straightforward re-tenanting across professional services, boutique retail, studio/academy, or medical/professional office concepts.
With tenants intending to remain on triple-net terms (tenants cover taxes/insurance/CAM), the portfolio targets low-touch ownership and durable cash flow. The downtown adjacency plus destination-grade demand drivers (Kalahari, ongoing downtown events) support long-term occupancy and exit flexibility—either hold as a two-building portfolio or future carve-out sales.
A few minutes east sits Kalahari Resorts & Conventions, a regional destination with 975 guest rooms and 200,000 SF of flexible meeting space, plus a major indoor waterpark and family entertainment venues driving year-round visitation, corporate events, and hospitality spend. This complements downtown’s daily restaurant traffic and nightlife, bolstering service-oriented tenancy options at the subject site.
Access & mobility.
The properties benefit from quick connections to I-35 and US-79/Palm Valley Blvd, the city’s primary north-south and east-west corridors
Zoning & use flexibility.
Both buildings are marketed under C-1 (Commercial) allowances retail and office among permitted uses supporting straightforward re-tenanting across professional services, boutique retail, studio/academy, or medical/professional office concepts.
With tenants intending to remain on triple-net terms (tenants cover taxes/insurance/CAM), the portfolio targets low-touch ownership and durable cash flow. The downtown adjacency plus destination-grade demand drivers (Kalahari, ongoing downtown events) support long-term occupancy and exit flexibility—either hold as a two-building portfolio or future carve-out sales.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Conditions de vente
Type de propriété
Commerce de détail
Sous-type de propriété
Garderie
Taille du bâtiment
6 481 pi²
Classe d’immeuble
B
Année de construction
1976
Prix
3 045 702 $ CAD
Prix par pi²
469,94 $ CAD
Taux de capitalisation
6,40%
Revenu net d’exploitation
194 774 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,51
Taille du lot
0,29 AC
Zonage
C1 - C-1 Permet le commerce de détail, le bureau, etc.
Stationnement
7 places (1,08 places par 1 000 pi² loué)
Façade
95’ sur Northwest Dr
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | R318562 | Évaluation des bâtiments | 1 133 773 $ CAD |
| Évaluation du terrain | 202 924 $ CAD | Évaluation totale | 1 336 697 $ CAD |
Impôts fonciers
Numéro de lot
R318562
Évaluation du terrain
202 924 $ CAD
Évaluation des bâtiments
1 133 773 $ CAD
Évaluation totale
1 336 697 $ CAD
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104-106 Northwest Drive | 104 Northwest Dr
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