For Sale · Round Rock, TX

600 Round Rock West #303 & #304

600 Round Rock West Dr, Round Rock, TX, 78681

600 Round Rock West #303 & #304
Property type
Office · Office Building
Size
1,716 SF
Price
$575,000
Broker
Shelly Morgan
Year built
1999
Class
B
Lot size
1.9632231404958678 acres

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.

Location

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.