16040 Park Valley #222

For Sale

16040 Park Valley, Round Rock, TX 78681

This Round Rock property for sale is located at 16040 Park Valley.

Contacts

broker

Neerja Kwatra

Asterra Properties

(512) 698-2730

Property Details

  • Property Type Office - Medical Office
  • Property Size 6,000 SF
  • Year Built 2008
  • Date Updated Apr 16, 2024
  • Construction Type Masonry

This 6000 SF Medical Condo is fully leased with two medical tenants and has a built-in stream of income. This gorgeous property is located in the Prime Location of Round Rock Medical District.

This NNN cash flow property offers owners a hassle-free source of passive income. With a Triple Net Lease structure in place, not only it relieves the owners from most of their responsibilities but also gives tax benefits of depreciation write offs.

It is an exceptional 1031 opportunity with strong medical tenants and long-term leases.

 Fully Leased: This medical condo is fully leased to reputable healthcare professionals, ensuring a steady income stream from day one.
• Prime Location: Situated in a prime location with high visibility and accessibility, making it attractive to both healthcare providers and patients.
• Directly across from St. David’s Round Rock Medical Center
• Access to I 35 via FM 620
• Modern & Beautiful Facilities: The condo features state-of-the-art medical facilities, meeting the high standards of today’s medical practices. Custom build condo with beautiful interiors
• Stable Tenants: Long-term leases in place with stable and established medical tenants, offering a reliable source of rental income.
• Investment Opportunity: With the healthcare industry on the rise, this investment promises potential appreciation and a solid return on investment.
• The State of Texas has neither State Tax nor Investment Tax

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 25/100

    Walk Score ®

  • 33/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Round Rock, TX
  • Neighborhood Wyoming Springs
  • Zip Code 78681
  • Market Austin

Points of Interest

  • Ace Taxi

    1.98 miles

  • Lakeline

    4.82 miles

  • Howard

    5.07 miles

  • Cedar Park Austin Steam Train Association

    6.72 miles

  • Kramer

    8.28 miles

  • Leander

    9.85 miles

  • Murphy USA

    0.74 miles

  • H-E-B Fuel

    0.92 miles

  • Shell

    0.92 miles

  • 7-Eleven

    0.95 miles

  • BP

    1.42 miles

  • Tesla Supercharger

    1.60 miles

  • Shell

    1.66 miles

  • Shell

    1.76 miles

  • Texaco

    1.79 miles

  • 7-Eleven

    1.91 miles

  • Velocity Creidt Union Parking Lot

    1.45 miles

  • Grace Lutheran Church parking

    1.63 miles

  • Round Rock Transit Center Parking

    2.01 miles

  • Intermodal Transit Facility

    2.02 miles

  • Library Parking Lot

    2.23 miles

  • Round Rock Library Parking Lot

    2.24 miles

  • City Hall Parking Garage

    2.24 miles

  • Handicap Parking

    2.54 miles

  • Parking - Sky Ridge Plaza

    2.62 miles

  • Parking - Walgreens

    2.71 miles

  • Country Inn & Suites

    1.56 miles

  • Motel 6

    1.56 miles

  • Comfort Suites Round Rock - Austin North I-35

    1.59 miles

  • Wingate by Wyndham Round Rock Hotel & Conference Center

    1.68 miles

  • Value Place Austin (Round Rock)

    1.71 miles

  • Red Roof Inn

    1.74 miles

  • Staybridge Suites Austin-Round Rock

    1.75 miles

  • La Quinta Inn & Suites by Wyndham Round Rock North

    1.78 miles

  • Best Western

    1.79 miles

  • Candlewood Suites Austin-Round Rock

    1.89 miles

  • H-E-B

    0.96 miles

  • Teji's Indian Grocery

    1.21 miles

  • Sprouts Farmers Market

    1.66 miles

  • Bealls

    1.76 miles

  • Angies Discount Grocery

    1.84 miles

  • Mays St. Boutique

    1.95 miles

  • Big Lots

    2.27 miles

  • Kohl's

    2.63 miles

  • Burlington

    2.79 miles

  • Marshalls

    2.97 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Neerja Kwatra

Asterra Properties

(512) 698-2730