Vacant-User
Chipotle on Oversized 1.76 Acre Lot
17100 N Rm 620 Rd, Round Rock, TX 78681
Listing Price: $3,703,916
Cap Rate
4.75%
Gross SF
2,338
Rentable SF
2,338
Price/Gross SF
$1,584.22
Lot Size
1.76 acres
Year Built
2021
Investment Overview
17100 N Rm 620 Rd., Round Rock, TX
Chipotle on Oversized 1.76 Acre Lot
Investment Highlights
- TRIPLE NET LEASE WITH MINIMAL LANDLORD RESPONSIBILITIES · CORPORATE GUARANTOR: The Property is secured by a 15-Year Triple Net Lease with 11.25 Years Remaining.
- ATTRACTIVE RENTAL GROWTH & RENEWAL OPTIONS: 10% rent increases every 5 years, with four (4) five-year renewal options.
- MAJOR RETAIL CORRIDOR | PROXIMITY TO ST. DAVID'S ROUND ROCK MEDICAL CENTER: Surrounding retail includes H-E-B, LA Fitness, Whataburger, Starbucks and is near a premier 209-bed Level II Trauma Center.
- ROUND ROCK, TX | DELL GLOBAL HEADQUARTERS: Round Rock is located in thriving Austin MSA and is the home of Dell Global Headquarters which has contributed to 3.5 million jobs in the state and has a $2 billion state-wide impact. The city recently extended its development contract with Dell until 2099.
- AUSTIN MSA | ONE OF THE FASTEST GROWING, TECH-DRIVEN REGIONS IN USA: Austin MSA has a population of 2.28 million and is ranked #6 Best Performing City in the United States by Milken Institute.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $3,703,916
Cap Rate
4.75%
Gross SF
2,338
Rentable SF
2,338
Price/Gross SF
$1,584.22
Lot Size
1.76 acres
Year Built
2021
Investment Highlights
- TRIPLE NET LEASE WITH MINIMAL LANDLORD RESPONSIBILITIES · CORPORATE GUARANTOR: The Property is secured by a 15-Year Triple Net Lease with 11.25 Years Remaining.
- ATTRACTIVE RENTAL GROWTH & RENEWAL OPTIONS: 10% rent increases every 5 years, with four (4) five-year renewal options.
- MAJOR RETAIL CORRIDOR | PROXIMITY TO ST. DAVID'S ROUND ROCK MEDICAL CENTER: Surrounding retail includes H-E-B, LA Fitness, Whataburger, Starbucks and is near a premier 209-bed Level II Trauma Center.
- ROUND ROCK, TX | DELL GLOBAL HEADQUARTERS: Round Rock is located in thriving Austin MSA and is the home of Dell Global Headquarters which has contributed to 3.5 million jobs in the state and has a $2 billion state-wide impact. The city recently extended its development contract with Dell until 2099.
- AUSTIN MSA | ONE OF THE FASTEST GROWING, TECH-DRIVEN REGIONS IN USA: Austin MSA has a population of 2.28 million and is ranked #6 Best Performing City in the United States by Milken Institute.
Investment Overview
17100 N Rm 620 Rd., Round Rock, TX
Exclusively Listed By
Broker of Record
Financing By
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