Rare stabilized NNN investment opportunity on Round Rock's premier commercial corridor, 1105 S. Mays Street, 5,025 SF, 4-suite multi-tenant commercial building on 0.53 acres, C-1 zoning, 100% occupied. Three of four tenants on NNN leases have taxes, insurance, and CAM passed through above the base year, minimizing landlord expense exposure. Gross income $9,584/month ($115,008 annually) from day one. Price: $1,725,000 ($343/SF) priced below corridor comparables and well below the Round Rock retail market average of $869/SF. 26 on-site surface parking spaces, 5.0 ratio. Flood Zone X OUT (1,636 ft to 100-yr flood plain, FEMA confirmed). Built 1997, brick veneer/frame, C-1 General Commercial zoning. Ideally positioned 0.75 miles north of Downtown Round Rock and approximately 1 mile from Dell Technologies World Headquarters and Switch Inc. hyperscale data center campus. Williamson County top-ranked growth county in Texas. 1-mile population projected +12.4% by 2030. 3-mile median household income $89,978. Excellent 1031 Exchange candidate stabilized NNN income, diversified tenant base, staggered lease expirations. Value-add opportunity: one MTM gross lease conversion to NNN term increases NOI with no capital investment. Tenant and suite details available upon execution of the confidentiality agreement. Showing by appointment only listing agent must be present. 24-hour advance notice required.
5,025 Sq Ft
0.53 Private Acres Lot Size
commercial
US$1,631 Monthly Tax
Built in 1997
MLS/Listing ID 9006443
Parking - Parking Lot
Parking - Open
Parking - Lighted
Parking - Common
Parking - Asphalt
Community - Sidewalks
Community - Gutters
Community - Curbs
Construction - Brick Veneer
Public Sewer
Public Water
Construction - Brick
Cooling - Central Air
Vinyl
Tile
Laminate
Concrete
Slab
Parking - Paved
TOTAL MONTHLY COST
US$0
US$0
US$0