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.
| MLS # | 9006443 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1997 |
| Days On Site | 54 |
| Listing Provided By | Central Metro Realty | Kevin Morales |
| SQ Feet | 5,025 |
|---|---|
| Building(s) | 1 |
| Zoning | Zoned C-1 General Commer |
| Acreage | 0.53 |
| Property View | See Remarks |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Flooring | Concrete, Laminate, Tile, Vinyl |
| Foundation Details | Slab |
|---|---|
| Topography | Located in east Round Rock on flat Blackland Prairie terrain (~735 ft elev), east of the Balcones fault. The 0.53-acre site has no grade change—ideal for ingress/egress/parking. Drainage is predictable; Flood Zone X, 1, 636 ft from the 100-yr flood plain." |
| Construction Materials | Brick, Brick Veneer |
| Security Features | Smoke Detector(s) |
| Parking Features | Asphalt, Common, Lighted, Open, Parking Lot, Paved |
|---|
| Utilities | Electricity Connected, Phone Available, Sewer Connected |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 19572 |
|---|
| State | TX |
|---|---|
| County | Williamson |
| City | Round Rock |
| Zip Code | 78664 |
| Area | RRE |
| Community Name | Southview Add |
| Listing VS Median (in Southview Add) | |
Price: $1,625,000 low | high Med: $1,625,000 sqft: 5,025 low | high Med: 5,025 $ / sqft: $323 low | high Med: $323 On site: 54 low | high Med: 54 | |
| State | TX |
|---|---|
| County | Williamson |
| City | Round Rock |
| Zip Code | 78664 |
| Area | RRE |
| Community Name | Southview Add |
| Listing VS Median (in Southview Add) | |
Price: $1,625,000 low | high Med: $1,625,000 sqft: 5,025 low | high Med: 5,025 $ / sqft: $323 low | high Med: $323 On site: 54 low | high Med: 54 | |