Map of Property

16040 Park Valley #222 Listing Details & Market Data

16040 Park Valley, Round Rock, TX 78681

  • For Sale Contact for pricing
  • 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

Contacts

broker

Neerja Kwatra

Asterra Properties

(512) 698-2730

Location

Getting Around

  • Walk Score ®

    Car-Dependent (25)

  • Bike Score ®

    Somewhat Bikeable (33)
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  • 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

  • Popeyes

    0.45 miles

  • Wendy's

    0.48 miles

  • Chipotle

    0.76 miles

  • Whataburger

    0.80 miles

  • Bush's Chicken

    1.01 miles

  • Papa Murphy's

    1.05 miles

  • Sonic

    1.06 miles

  • Short Stop

    1.17 miles

  • Teji's Indian Restaurant

    1.21 miles

  • DQ Restaurant

    1.22 miles

  • Fern Bluff Elementary School

    0.44 miles

  • Chisholm Trail Middle School

    1.04 miles

  • Round Rock High School

    1.05 miles

  • Deep Wood Elementary School

    1.35 miles

  • Brushy Creek Elementary School

    1.37 miles

  • Brushy Creek elementary

    1.41 miles

  • Kids Day Out

    1.43 miles

  • Old Town Elementary School

    1.46 miles

  • Claude Berkman Elementary School and Arts Integration Academy

    1.81 miles

  • Cedar Valley Middle School

    1.82 miles

  • The Learning Experience - Brushy Creek

    2.22 miles

  • Learning Tree Day School

    2.57 miles

  • Kids 'R' Kids Learning Academy of North Austin

    3.58 miles

  • kidspa Austin

    3.67 miles

  • KinderCare

    3.68 miles

  • Primrose School of Round Rock North

    3.93 miles

  • The Children's Courtyard

    4.10 miles

  • Harmony Hill Preschool

    4.22 miles

  • Primrose School at Vista Ridge

    4.70 miles

  • Kids 'R' Kids Learning Academy of Round Rock/Teravista

    5.05 miles

Contact Listing Broker

broker

Neerja Kwatra

Asterra Properties

(512) 698-2730