505 E Palm Valley

Multi-tenant Office Building

505 East Palm Valley, Round Rock, Texas 78664

Office For Sale
Offering Document Access

505 E Palm Valley Pkwy is a Class A, multi-tenant retail/office center on the busiest thoroughfare in the Round Rock area after I-35. The Parkway is a 4-lane road with a middle turn lane. The Property is in a very central location, with easy access from I-35, going east, and coming from Hutto going west. The center offers excellent signage, access, and visibility along E Palm Valley Pkwy. The Property includes a drive-through bank teller, multiple entries/exits with access back to E Palm Valley from Heritage Center Circle or the center’s curb-cut. With such low occupancy, the price reflects major upside in leasing up the remaining spaces of the building. The tenants are of long-term standing and of very sound credit. Not only can this Property be viewed as an excellent longterm cash flowing asset, but there are also possible redevelopment opportunities for this site.

Features

Price: 5,000,000

Parking Ratio: 4.24:1000

Year Built: 2001

Zoning: C-1 General Commercial

Net Operating Income: $200,278

multi-tenant retail/office center

Total SF: 13,646

Total Acres: 1.04

Contacts

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