OVERVIEW

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.

FEATURES

• 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

PROPERTY

Property Type

Medical Condo

CAP Rate

TBD

NOI

$141,564

Condo (sf)

6,000 SF

Class

B

Number of Tenants

Two

Lease Expirations

Feb 2028 & Dec 2025

Type of Tenants

Medical

Yearly Excalation

3%

AGENTS

Neerja Kwatra

CFO/Partner
Email: [email protected]
Direct: 512.698.2730

DOCUMENTS

PHOTOS