Shopping Neighborhood

Sky Ridge Plaza

2000 S IH 35 Frontage Rd, Round Rock, TX 78681

Listing Price: Request For Offer

Gross SF
140,993
Rentable SF
140,993
Lot Size
13.09 acres
Year Built
1994

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Sky Ridge Plaza, a fully NNN-leased neighborhood center in Round Rock, Texas. Built in 1987 and renovated in 2010, the center spans 140,993 square feet on a 13.09-acre lot. The asset is strategically located along Interstate 35 and across the street from Dell Technologies. Sky Ridge Plaza is shadow anchored by Guitar Center, Walgreens and FLIX Brewhouse and has a strong parking ratio of 5.45 stalls/1000. Featured tenants include Plato’s Closet, U.S. Army, Rent-A-Center, Fogueira Gaucha, Sport Clips and Sylvan Learning Center.

Investment Highlights

  • Located in a market-dominant position fronting Interstate 35 with traffic counts of 159,500 vehicles per day
  • Currently 82% occupied with upside via lease-up of existing vacancy or redevelopment
  • Featured tenants include Plato's Closet, U.S. Army, Rent-A-Center, Fogueira Gaucha, Sport Clips and Sylvan Learning Center
  • Existing CMBS loan MAY be assumed OR seller will pay defeasance and allow for new loan
  • Seller has completed 75 percent of the build out for suite P1 for executive office suites. Seller will complete the build out and lease back for a period of 16 months following closing.

Exclusively Listed By

Listing Price: Request For Offer

Gross SF
140,993
Rentable SF
140,993
Lot Size
13.09 acres
Year Built
1994

Investment Highlights

  • Located in a market-dominant position fronting Interstate 35 with traffic counts of 159,500 vehicles per day
  • Currently 82% occupied with upside via lease-up of existing vacancy or redevelopment
  • Featured tenants include Plato's Closet, U.S. Army, Rent-A-Center, Fogueira Gaucha, Sport Clips and Sylvan Learning Center
  • Existing CMBS loan MAY be assumed OR seller will pay defeasance and allow for new loan
  • Seller has completed 75 percent of the build out for suite P1 for executive office suites. Seller will complete the build out and lease back for a period of 16 months following closing.

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Sky Ridge Plaza, a fully NNN-leased neighborhood center in Round Rock, Texas. Built in 1987 and renovated in 2010, the center spans 140,993 square feet on a 13.09-acre lot. The asset is strategically located along Interstate 35 and across the street from Dell Technologies. Sky Ridge Plaza is shadow anchored by Guitar Center, Walgreens and FLIX Brewhouse and has a strong parking ratio of 5.45 stalls/1000. Featured tenants include Plato’s Closet, U.S. Army, Rent-A-Center, Fogueira Gaucha, Sport Clips and Sylvan Learning Center.

Exclusively Listed By

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